Insig AI (LON:INSG) Shares Down 6.2% – What’s Next?

Insig AI Plc (LON:INSG)’s stock price dropped 6.2% during mid-day trading on Wednesday . The company traded as low as GBX 16.33 ($0.21) and last traded at GBX 16.33 ($0.21). Approximately 483,011 shares changed hands during mid-day trading, an increase of 77% from the average daily volume of 273,256 shares. The stock had previously closed at GBX 17.40 ($0.23).

Insig AI Stock Up 3.4 %

The stock has a market cap of £21.20 million, a P/E ratio of -97.22 and a beta of -0.57. The company has a current ratio of 0.08, a quick ratio of 0.92 and a debt-to-equity ratio of 98.45. The firm’s fifty day moving average is GBX 12.98 and its 200 day moving average is GBX 14.52.

Insider Transactions at Insig AI

In related news, insider John Wilson acquired 400,000 shares of the stock in a transaction dated Thursday, September 5th. The shares were acquired at an average price of GBX 13 ($0.17) per share, for a total transaction of £52,000 ($67,514.93). In other news, insider John Wilson acquired 400,000 shares of Insig AI stock in a transaction on Thursday, September 5th. The stock was bought at an average price of GBX 13 ($0.17) per share, for a total transaction of £52,000 ($67,514.93). Also, insider Richard Bernstein acquired 350,000 shares of the stock in a transaction dated Thursday, October 10th. The shares were purchased at an average price of GBX 12 ($0.16) per share, for a total transaction of £42,000 ($54,531.29). Over the last ninety days, insiders have acquired 950,000 shares of company stock worth $12,200,000. Company insiders own 58.22% of the company’s stock.

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.