Insig AI (LON:INSG) Shares Down 4.1% – Here’s What Happened

Insig AI Plc (LON:INSG) traded down 4.1% during mid-day trading on Wednesday. The stock traded as low as GBX 8 and last traded at GBX 8.25. 225,592 shares changed hands during mid-day trading, a decline of 34% from the average session volume of 342,808 shares. The stock had previously closed at GBX 8.60.

Insig AI Stock Down 8.8%

The company’s fifty day simple moving average is GBX 9.37 and its 200-day simple moving average is GBX 13.45. The firm has a market capitalization of £10.07 million, a PE ratio of -5.13 and a beta of -0.57. The company has a debt-to-equity ratio of -113.73, a current ratio of 0.08 and a quick ratio of 0.92.

Insig AI (LON:INSG) last issued its quarterly earnings data on Thursday, September 17th. The company reported GBX (1.51) EPS for the quarter. Insig AI had a negative net margin of 241.40% and a positive return on equity of 150.77%.

Insider Transactions at Insig AI

In other Insig AI news, insider Richard Bernstein purchased 300,000 shares of the firm’s stock in a transaction on Friday, October 9th. The stock was bought at an average cost of GBX 9 per share, for a total transaction of £27,000. Over the last quarter, insiders bought 500,000 shares of company stock worth $4,500,000. Corporate insiders own 27.38% of the company’s stock.

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.