IQ-AI Limited (IQAI.L) (LON:IQAI) Shares Gap Down to $10.50

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IQ-AI Limited (IQAI.L) (LON:IQAI) gapped down before the market opened on Tuesday . The stock had previously closed at $10.50, but opened at $10.00. IQ-AI Limited (IQAI.L) shares last traded at $10.20, with a volume of 664,482 shares trading hands.

The business’s fifty day moving average price is GBX 10.03 and its 200-day moving average price is GBX 6.81. The company has a debt-to-equity ratio of 3.49, a quick ratio of 2.54 and a current ratio of 4.11. The stock has a market cap of £17.52 million and a PE ratio of -17.50.

In other news, insider Trevor Brown sold 9,950,030 shares of the firm’s stock in a transaction dated Tuesday, November 10th. The shares were sold at an average price of GBX 14 ($0.18), for a total transaction of £1,393,004.20 ($1,819,968.91). In the last ninety days, insiders have sold 18,979,197 shares of company stock worth $207,492,090.

IQ-AI Limited (IQAI.L) Company Profile (LON:IQAI)

IQ-AI Limited, through its subsidiaries, develops software applications for the healthcare industry in Jersey and the United States. Its products include IB Clinic, a toolkit of post-processing software plug-ins for integrating into existing medical image visualization applications; IB Rad Tech, a workflow engine that processes customized workflows; IB Neuro, which analyzes MR data sets and generates parametric perfusion maps quantifying changes in contrast over time; and IB Delta Suite that performs a various fundamental radiology operations, including image co-registration, subtraction, class map generation, and export.

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