Insig AI (LON:INSG) Stock Price Down 8.6%

Shares of Insig AI Plc (LON:INSG) were down 8.6% during mid-day trading on Wednesday . The company traded as low as GBX 16 ($0.20) and last traded at GBX 16 ($0.20). Approximately 155,000 shares were traded during trading, a decline of 41% from the average daily volume of 264,674 shares. The stock had previously closed at GBX 17.50 ($0.22).

Insig AI Trading Down 8.6 %

The company has a quick ratio of 0.92, a current ratio of 0.28 and a debt-to-equity ratio of 15.97. The company has a 50-day moving average price of GBX 15.17 and a 200-day moving average price of GBX 16.66. The company has a market capitalization of £17.57 million, a price-to-earnings ratio of -102.94 and a beta of -0.33.

Insider Buying and Selling at Insig AI

In related news, insider Richard Bernstein acquired 500,000 shares of the business’s stock in a transaction dated Thursday, May 30th. The stock was acquired at an average price of GBX 10 ($0.13) per share, with a total value of £50,000 ($63,243.11). Insiders own 53.01% of the company’s stock.

About Insig AI

Insig AI Plc engages in the provision of data science and machine learning development solutions. The company's ESG disclosure research tool which is used to compare companies against ESG progress with the use of the Group's ESG framework. It offers advisory/consultancy services in the areas of regulatory experience, corporate reporting, ESG investment, and framework and materialty experience; ESG disclosure Data, a centralised library of transparent, tagged, and machine readable ESG data.