VIQ Solutions Inc. (VQS.V) (CVE:VQS) Shares Up 10.5% – Time to Buy?

VIQ Solutions Inc. (VQS.V) (CVE:VQS) shares were up 10.5% during trading on Tuesday . The company traded as high as C$0.23 and last traded at C$0.21. Approximately 60,431 shares changed hands during mid-day trading, an increase of 66% from the average daily volume of 36,413 shares. The stock had previously closed at C$0.19.

VIQ Solutions Inc. (VQS.V) Stock Performance

The company has a debt-to-equity ratio of 179.34, a quick ratio of 0.84 and a current ratio of 0.87. The company has a market capitalization of C$14.56 million, a P/E ratio of -1.62, a PEG ratio of -0.62 and a beta of 0.91. The stock’s fifty day moving average price is C$0.19 and its 200-day moving average price is C$4.37.

About VIQ Solutions Inc. (VQS.V)

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 in two segments, Technology and Transcription. The Technology segment develops, distributes, and licenses computer-based digital solutions based on its technology. The Transcription segment provides recording and transcription services. The company's software captures digital content from audio/video source, and provides online collaboration, mobility, data analytics, and integration with sensors, facial recognition, speech recognition, and case management or patient record systems.