Insig AI (LON:INSG) Stock Price Down 1.8% – Here’s What Happened

Insig AI Plc (LON:INSG) fell 1.8% during mid-day trading on Friday . The company traded as low as GBX 12.52 ($0.16) and last traded at GBX 13.50 ($0.17). 345,959 shares were traded during trading, an increase of 35% from the average session volume of 256,842 shares. The stock had previously closed at GBX 13.75 ($0.17).

Insig AI Price Performance

The company has a market cap of £15.90 million, a price-to-earnings ratio of -75.00 and a beta of -0.57. 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 company’s 50 day moving average price is GBX 13.51 and its 200 day moving average price is GBX 14.25.

Insiders Place Their Bets

In other Insig AI news, insider Richard Bernstein bought 350,000 shares of the stock in a transaction dated Thursday, October 10th. The stock was bought at an average cost of GBX 12 ($0.15) per share, for a total transaction of £42,000 ($52,651.37). Also, insider John Wilson acquired 400,000 shares of the firm’s stock in a transaction on Thursday, September 5th. The shares were bought at an average cost of GBX 13 ($0.16) per share, for a total transaction of £52,000 ($65,187.41). 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.