Insig AI (LON:INSG) Stock Price Up 6.7% – Here’s Why

Shares of Insig AI Plc (LON:INSG) rose 6.7% during mid-day trading on Friday . The stock traded as high as GBX 12 and last traded at GBX 12. Approximately 342,221 shares were traded during mid-day trading, a decline of 13% from the average daily volume of 394,442 shares. The stock had previously closed at GBX 11.25.

Insig AI Trading Up 19.1%

The company has a 50 day simple moving average of GBX 16.37 and a 200 day simple moving average of GBX 21.95. The company has a current ratio of 0.08, a quick ratio of 0.92 and a debt-to-equity ratio of -90.25. The stock has a market capitalization of £16.74 million, a PE ratio of -11.65 and a beta of -0.57.

Insider Activity

In related news, insider Richard Bernstein purchased 100,000 shares of the business’s stock in a transaction dated Friday, January 23rd. The stock was acquired at an average price of GBX 18 per share, for a total transaction of £18,000. Insiders purchased a total of 192,120 shares of company stock valued at $3,608,280 over the last quarter. 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.