Insig AI (LON:INSG) Stock Price Up 2.9% – Here’s What Happened

Insig AI Plc (LON:INSG)’s share price rose 2.9% during mid-day trading on Wednesday . The stock traded as high as GBX 18 and last traded at GBX 17.50. Approximately 446,855 shares were traded during mid-day trading, an increase of 21% from the average daily volume of 368,234 shares. The stock had previously closed at GBX 17.

Insig AI Price Performance

The company has a 50 day moving average price of GBX 15.41 and a 200-day moving average price of GBX 20.78. The company has a quick ratio of 0.92, a current ratio of 0.08 and a debt-to-equity ratio of -90.25. The company has a market cap of £21.87 million, a price-to-earnings ratio of -15.22 and a beta of -0.57.

Insider Buying and Selling

In related news, insider Richard Bernstein bought 58,000 shares of Insig AI stock in a transaction that occurred on Tuesday, January 27th. The shares were acquired at an average cost of GBX 20 per share, for a total transaction of £11,600. Insiders purchased 192,120 shares of company stock valued at $3,608,280 in the last quarter. Corporate insiders own 30.81% of the company’s stock.

About Insig AI

Catena Group Plc is an AIM listed data science and machine learning company focused on providing solutions to the asset management industry.