Identillect Technologies (CVE:ID) Stock Price Down 50% – What’s Next?

Identillect Technologies Corp. (CVE:ID)’s share price dropped 50% during mid-day trading on Tuesday . The stock traded as low as C$0.01 and last traded at C$0.01. Approximately 163,054 shares were traded during mid-day trading, an increase of 21% from the average daily volume of 134,440 shares. The stock had previously closed at C$0.01.

Identillect Technologies Price Performance

The firm has a market cap of C$1.47 million, a price-to-earnings ratio of -0.50 and a beta of 0.69. The firm’s 50 day moving average price is C$0.01 and its 200-day moving average price is C$0.01.

Identillect Technologies Company Profile

Identillect Technologies Corp. develops an email encryption software solution. It offers Delivery Trust, an email encryption technology that targets organizations of various sizes, as well as individuals, including medical professionals, insurance companies, accountants, lawyers, real estate agents, and educators in the United States and Mexico.