Insig AI (LON:INSG) Trading Down 6.2% – What’s Next?

Insig AI Plc (LON:INSG)’s stock price dropped 6.2% on Wednesday . The stock traded as low as GBX 16.33 ($0.21) and last traded at GBX 16.33 ($0.21). Approximately 483,011 shares were traded during mid-day trading, an increase of 77% from the average daily volume of 273,256 shares. The stock had previously closed at GBX 17.40 ($0.23).

Insig AI Stock Performance

The stock has a market capitalization of £18.84 million, a P/E ratio of -88.89 and a beta of -0.57. The company’s 50-day moving average is GBX 13.12 and its two-hundred day moving average is GBX 14.56. The company has a current ratio of 0.08, a quick ratio of 0.92 and a debt-to-equity ratio of 98.45.

Insider Activity at Insig AI

In related news, insider Richard Bernstein purchased 200,000 shares of the company’s stock in a transaction on Wednesday, July 31st. The shares were bought at an average cost of GBX 14 ($0.18) per share, for a total transaction of £28,000 ($36,354.19). In related news, insider Richard Bernstein purchased 200,000 shares of the company’s stock in a transaction on Wednesday, July 31st. The shares were bought at an average cost of GBX 14 ($0.18) per share, for a total transaction of £28,000 ($36,354.19). Also, insider John Wilson purchased 400,000 shares of the company’s stock in a transaction on Thursday, September 5th. The shares were bought at an average price of GBX 13 ($0.17) per share, for a total transaction of £52,000 ($67,514.93). Insiders have bought a total of 950,000 shares of company stock worth $12,200,000 in the last ninety days. 58.22% of the stock is owned by insiders.

About Insig AI

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.