Insig AI (LON:INSG) Stock Price Down 6.2% – Here’s What Happened

Insig AI Plc (LON:INSG) fell 6.2% during trading on Wednesday . The stock traded as low as GBX 16.33 ($0.21) and last traded at GBX 16.33 ($0.21). 483,011 shares traded hands during trading, an increase of 77% from the average session volume of 273,256 shares. The stock had previously closed at GBX 17.40 ($0.23).

Insig AI Price Performance

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 firm has a market cap of £21.20 million, a price-to-earnings ratio of -97.22 and a beta of -0.57. The stock has a 50-day moving average of GBX 12.98 and a two-hundred day moving average of GBX 14.52.

Insider Buying and Selling at Insig AI

In other Insig AI news, insider Richard Bernstein bought 200,000 shares of the firm’s stock in a transaction dated Wednesday, July 31st. The stock was acquired at an average price of GBX 14 ($0.18) per share, with a total value of £28,000 ($36,354.19). In related news, insider Richard Bernstein acquired 200,000 shares of the company’s stock in a transaction on Wednesday, July 31st. The shares were purchased at an average price of GBX 14 ($0.18) per share, for a total transaction of £28,000 ($36,354.19). Also, insider John Wilson bought 400,000 shares of the business’s stock in a transaction on Thursday, September 5th. The stock was bought at an average price of GBX 13 ($0.17) per share, with a total value of £52,000 ($67,514.93). Insiders have bought a total of 950,000 shares of company stock valued at $12,200,000 in the last three months. 58.22% of the stock is currently owned by company insiders.

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.