Insig AI (LON:INSG) Stock Price Up 7.1% – Here’s Why

Insig AI Plc (LON:INSG) was up 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 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 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 £17.66 million, a price-to-earnings ratio of -83.33 and a beta of -0.57. The company has a fifty day moving average price of GBX 14.45 and a 200-day moving average price of GBX 14.25.

Insider Activity at Insig AI

In other news, insider Richard Bernstein acquired 350,000 shares of the firm’s stock in a transaction on Thursday, October 10th. The stock was acquired at an average price of GBX 12 ($0.15) per share, for a total transaction of £42,000 ($52,836.83). 58.22% of the stock is 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.