Insig AI (LON:INSG) Trading Down 1.8% – Here’s What Happened

Insig AI Plc (LON:INSG) shares traded down 1.8% during trading on Friday . The stock traded as low as GBX 12.52 ($0.16) and last traded at GBX 13.50 ($0.17). 345,959 shares changed hands during mid-day trading, an increase of 35% from the average session volume of 256,842 shares. The stock had previously closed at GBX 13.75 ($0.17).

Insig AI Stock Down 1.8 %

The company has a debt-to-equity ratio of 98.45, a quick ratio of 0.92 and a current ratio of 0.08. The company has a market capitalization of £15.90 million, a PE ratio of -75.00 and a beta of -0.57. The firm’s 50-day simple moving average is GBX 13.53 and its 200 day simple moving average is GBX 14.24.

Insiders Place Their Bets

In related news, insider Richard Bernstein purchased 350,000 shares of the company’s stock in a transaction on Thursday, October 10th. The stock was bought at an average price of GBX 12 ($0.15) per share, with a total value of £42,000 ($52,651.37). Also, insider John Wilson purchased 400,000 shares of the stock in a transaction dated Thursday, September 5th. The shares were purchased at an average price of GBX 13 ($0.16) per share, with a total value of £52,000 ($65,187.41). 58.22% of the stock is currently owned by company insiders.

Insig AI Company Profile

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.