VIQ Solutions Inc. (VQS.V) (CVE:VQS) Stock Price Up 18.2% – Here’s Why

VIQ Solutions Inc. (VQS.V) (CVE:VQS)’s stock price rose 18.2% on Friday . The stock traded as high as C$0.13 and last traded at C$0.13. Approximately 210,363 shares traded hands during mid-day trading, an increase of 433% from the average daily volume of 39,466 shares. The stock had previously closed at C$0.11.

VIQ Solutions Inc. (VQS.V) Trading Up 18.2%

The firm’s 50-day simple moving average is C$0.09 and its 200 day simple moving average is C$0.11. The stock has a market cap of C$9.16 million, a P/E ratio of -0.62, a PEG ratio of -0.62 and a beta of 1.81. The company has a current ratio of 0.87, a quick ratio of 0.84 and a debt-to-equity ratio of 179.34.

About VIQ Solutions Inc. (VQS.V)

VIQ Solutions Inc operates as a technology and service platform provider for digital evidence capture, retrieval, and content management in Australia, the United States, the United Kingdom, Canada, and internationally. It operates in two segments, Technology and Transcription. The Technology segment develops, distributes, and licenses computer-based digital solutions based on its technology. The Transcription segment provides recording and transcription services. The company's software captures digital content from audio/video source, and provides online collaboration, mobility, data analytics, and integration with sensors, facial recognition, speech recognition, and case management or patient record systems.