IQ-AI (LON:IQAI) Shares Down 8% – Here’s Why

IQ-AI Limited (LON:IQAI)’s stock price was down 8% during trading on Thursday . The company traded as low as GBX 1.10 ($0.01) and last traded at GBX 1.10 ($0.01). Approximately 36,149 shares changed hands during trading, a decline of 95% from the average daily volume of 659,621 shares. The stock had previously closed at GBX 1.20 ($0.02).

IQ-AI Stock Performance

The business’s fifty day simple moving average is GBX 1.19 and its 200-day simple moving average is GBX 1.31. The company has a debt-to-equity ratio of 8.80, a quick ratio of 1.01 and a current ratio of 0.68. The firm has a market capitalization of £2.66 million, a PE ratio of -13.67 and a beta of 2.25.

IQ-AI Company Profile

IQ-AI Limited, through its subsidiaries, provides clinical treatments to patients in the field of medical imaging diagnostics primarily in the United States. It develops ready-to-use software applications for the healthcare industry; and provides technology solutions in the field of kidney stone analysis and prevention, as well as offers consulting services.