Insig AI (LON:INSG) Trading Down 12.4%

Insig AI Plc (LON:INSG) dropped 12.4% on Wednesday . The company traded as low as GBX 14 ($0.18) and last traded at GBX 14.02 ($0.18). Approximately 118,848 shares were traded during mid-day trading, an increase of 30% from the average daily volume of 91,313 shares. The stock had previously closed at GBX 16 ($0.20).

Insig AI Stock Performance

The stock has a fifty day simple moving average of GBX 16.75 and a 200-day simple moving average of GBX 17.42. The stock has a market cap of £15.44 million, a P/E ratio of -82.47 and a beta of -0.34. The company has a debt-to-equity ratio of 15.97, a quick ratio of 0.92 and a current ratio of 0.28.

Insider Transactions at Insig AI

In other news, insider Richard Bernstein bought 100,000 shares of the company’s stock in a transaction that occurred on Tuesday, April 16th. The shares were acquired at an average price of GBX 14 ($0.18) per share, with a total value of £14,000 ($17,587.94). 52.80% of the stock is owned by insiders.

Insig AI Company Profile

Insig AI Plc engages in the provision of data science and machine learning development solutions. The company's ESG disclosure research tool which is used to compare companies against ESG progress with the use of the Group's ESG framework. It offers advisory/consultancy services in the areas of regulatory experience, corporate reporting, ESG investment, and framework and materialty experience; ESG disclosure Data, a centralised library of transparent, tagged, and machine readable ESG data.