Insig AI (LON:INSG) Trading 8.8% Higher – Here’s Why

Shares of Insig AI Plc (LON:INSG) rose 8.8% on Tuesday . The stock traded as high as GBX 14.40 ($0.18) and last traded at GBX 14.25 ($0.18). Approximately 365,793 shares traded hands during trading, an increase of 46% from the average daily volume of 250,064 shares. The stock had previously closed at GBX 13.10 ($0.17).

Insig AI Price Performance

The company has a 50 day moving average of GBX 13.72 and a two-hundred day moving average of GBX 14.26. The firm has a market cap of £16.78 million, a P/E ratio of -79.17 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 98.45.

Insider Activity at Insig AI

In related news, insider Richard Bernstein purchased 350,000 shares of the company’s stock in a transaction on Thursday, October 10th. The shares were bought at an average price of GBX 12 ($0.15) per share, with a total value of £42,000 ($53,537.28). 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.