VIQ Solutions (TSE:VQS) Trading Down 10.9% – Should You Sell?

VIQ Solutions Inc. (TSE:VQS) shares dropped 10.9% during mid-day trading on Wednesday . The company traded as low as C$0.21 and last traded at C$0.21. Approximately 5,030 shares traded hands during mid-day trading, a decline of 87% from the average daily volume of 39,089 shares. The stock had previously closed at C$0.23.

VIQ Solutions Price Performance

The company has a current ratio of 0.35, a quick ratio of 0.91 and a debt-to-equity ratio of 318.21. The stock has a market capitalization of C$12.13 million, a PE ratio of -0.44, a PEG ratio of -0.01 and a beta of -0.10. The business has a fifty day moving average price of C$0.22 and a 200-day moving average price of C$0.22.

VIQ Solutions (TSE:VQS) last issued its quarterly earnings results on Monday, August 12th. The company reported C($0.02) EPS for the quarter. The business had revenue of C$15.84 million for the quarter. VIQ Solutions had a negative net margin of 23.18% and a negative return on equity of 119.44%. Research analysts expect that VIQ Solutions Inc. will post -0.3216216 EPS for the current fiscal year.

About VIQ Solutions

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 through Technology and Related Revenue, and Technology Services segments.