Insider Buying: INOVIQ Ltd (ASX:IIQ) Insider Acquires A$17,500.00 in Stock

INOVIQ Ltd (ASX:IIQ) insider Philip (Phil) Powell bought 50,000 shares of the company’s stock in a transaction that occurred on Monday, March 10th. The stock was purchased at an average cost of A$0.35 ($0.22) per share, with a total value of A$17,500.00 ($11,075.95).

INOVIQ Price Performance

The stock has a market cap of $47.40 million, a P/E ratio of -6.02 and a beta of 2.04. The company has a quick ratio of 9.52, a current ratio of 7.07 and a debt-to-equity ratio of 2.02.

INOVIQ Company Profile

INOVIQ Ltd engages in the research, development, and commercialization of diagnostic and exosome-based products to enhance the diagnosis and treatment of cancer and other diseases in Australia and the United States. The company offers hTERT test, an immunocytochemistry test used as an adjunct to urine cytology testing for bladder cancer; and EXO-NET for capturing and isolating exosomes from liquid biopsy sample.