Insig AI (LON:INSG) Stock Price Up 7.1% – What’s Next?

Shares of Insig AI Plc (LON:INSG) rose 7.1% on Saturday . The company traded as high as GBX 16.90 ($0.21) and last traded at GBX 15 ($0.19). Approximately 235,333 shares changed hands during mid-day trading, a decline of 3% from the average daily volume of 241,724 shares. The stock had previously closed at GBX 14 ($0.18).

Insig AI Trading Up 7.1 %

The stock has a market capitalization of £17.66 million, a price-to-earnings ratio of -83.33 and a beta of -0.57. The company has a current ratio of 0.08, a quick ratio of 0.92 and a debt-to-equity ratio of 98.45. The company has a fifty day moving average of GBX 14.45 and a two-hundred day moving average of GBX 14.30.

Insider Activity

In other Insig AI news, insider Richard Bernstein acquired 350,000 shares of the company’s stock in a transaction dated Thursday, October 10th. The shares were acquired at an average cost of GBX 12 ($0.15) per share, for a total transaction of £42,000 ($52,850.13). Insiders own 58.22% of the company’s stock.

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.