Insig AI (LON:INSG) Stock Price Up 15.8% – Should You Buy?

Insig AI Plc (LON:INSG) traded up 15.8% on Wednesday . The company traded as high as GBX 17 and last traded at GBX 16.50. 101,213 shares changed hands during mid-day trading, a decline of 73% from the average session volume of 373,640 shares. The stock had previously closed at GBX 14.25.

Insig AI Trading Up 6.5%

The firm has a market capitalization of £20.62 million, a P/E ratio of -14.35 and a beta of -0.57. 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 firm has a 50 day moving average of GBX 15.71 and a 200-day moving average of GBX 21.50.

Insiders Place Their Bets

In related news, insider Richard Bernstein bought 100,000 shares of the business’s stock in a transaction dated Friday, January 23rd. The stock was purchased at an average cost of GBX 18 per share, for a total transaction of £18,000. Over the last ninety days, insiders acquired 192,120 shares of company stock valued at $3,608,280. 30.81% of the stock is owned by insiders.

Insig AI Company Profile

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