Insig AI (LON:INSG) Trading 10.4% Higher – Here’s What Happened

Insig AI Plc (LON:INSGGet Free Report)’s stock price traded up 10.4% on Thursday . The company traded as high as GBX 14.40 ($0.19) and last traded at GBX 13.25 ($0.17). 535,874 shares changed hands during mid-day trading, an increase of 102% from the average session volume of 265,824 shares. The stock had previously closed at GBX 12 ($0.16).

Insig AI Trading Up 10.4 %

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 firm has a market cap of £15.60 million, a PE ratio of -75.00 and a beta of -0.57. The stock has a 50-day simple moving average of GBX 12.82 and a two-hundred day simple moving average of GBX 14.60.

Insider Activity

In other news, insider John Wilson purchased 400,000 shares of the company’s stock in a transaction dated Thursday, September 5th. The shares were purchased at an average cost of GBX 13 ($0.17) per share, for a total transaction of £52,000 ($67,902.85). In related news, insider Richard Bernstein acquired 200,000 shares of the business’s stock in a transaction that occurred on Wednesday, July 31st. The stock was bought at an average cost of GBX 14 ($0.18) per share, for a total transaction of £28,000 ($36,563.07). Also, insider John Wilson purchased 400,000 shares of the company’s stock in a transaction on Thursday, September 5th. The stock was purchased at an average price of GBX 13 ($0.17) per share, with a total value of £52,000 ($67,902.85). Insiders purchased 950,000 shares of company stock valued at $12,200,000 over the last three months. Insiders own 58.22% of the company’s stock.

About Insig AI

(Get Free Report)

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.

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