Intellinetics (NYSEAMERICAN:INLX) Shares Up 1.1% – Still a Buy?

Shares of Intellinetics, Inc. (NYSEAMERICAN:INLX) were up 1.1% on Friday . The company traded as high as $5.46 and last traded at $5.52. Approximately 289 shares were traded during mid-day trading, a decline of 77% from the average session volume of 1,283 shares. The stock had previously closed at $5.46.

Intellinetics Price Performance

The firm has a market cap of $24.78 million, a PE ratio of -10.41 and a beta of 0.15. The stock’s fifty day moving average price is $5.92 and its 200-day moving average price is $6.99. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.90 and a quick ratio of 0.87.

Intellinetics (NYSEAMERICAN:INLX) last issued its earnings results on Thursday, May 14th. The company reported ($0.27) EPS for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.22). The business had revenue of $3.91 million during the quarter, compared to analyst estimates of $4.55 million. Intellinetics had a negative net margin of 14.31% and a negative return on equity of 16.89%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Intellinetics stock. Essex Financial Services Inc. bought a new position in Intellinetics, Inc. (NYSEAMERICAN:INLX) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm bought 11,338 shares of the company’s stock, valued at approximately $90,000. Essex Financial Services Inc. owned approximately 0.25% of Intellinetics at the end of the most recent reporting period. 0.75% of the stock is owned by institutional investors.

Intellinetics Company Profile

Intellinetics, Inc is a provider of enterprise content management and digital transformation solutions designed to help organizations streamline document-centric processes and improve operational efficiency. The company’s platform enables clients to capture, store, manage and retrieve both paper and electronic records through a unified system, reducing reliance on manual workflows and minimizing the risks associated with paper-based information handling.

The company offers a range of software products and professional services aimed at automating business processes and ensuring secure, compliant access to critical data.