Insig AI (LON:INSG) Trading 18.3% Higher – Here’s Why

Insig AI Plc (LON:INSG)’s share price was up 18.3% during mid-day trading on Wednesday . The stock traded as high as GBX 27.75 ($0.37) and last traded at GBX 27.20 ($0.37). Approximately 82,235 shares were traded during mid-day trading, a decline of 72% from the average daily volume of 290,928 shares. The stock had previously closed at GBX 23 ($0.31).

Insig AI Price Performance

The company has a 50 day moving average price of GBX 23.38 and a 200-day moving average price of GBX 25.73. The company has a market cap of £30.38 million, a price-to-earnings ratio of -145.21 and a beta of -0.57. The company has a quick ratio of 0.92, a current ratio of 0.08 and a debt-to-equity ratio of 96.68.

Insig AI (LON:INSG) last announced its earnings results on Friday, September 19th. The company reported GBX (4.07) EPS for the quarter. Insig AI had a negative net margin of 4,307.68% and a negative return on equity of 185.09%.

Insider Buying and Selling

In related news, insider Richard Bernstein purchased 375,000 shares of the stock in a transaction that occurred on Wednesday, July 23rd. The stock was acquired at an average cost of GBX 20 per share, with a total value of £75,000. Insiders own 29.43% of the company’s stock.

Insig AI Company Profile

Catena Group Plc is an AIM listed data science and machine learning company focused on providing solutions to the asset management industry.