Identillect Technologies (CVE:ID) Shares Down 50% – Time to Sell?

Identillect Technologies Corp. (CVE:ID)’s stock price fell 50% during mid-day trading on Tuesday . The stock traded as low as C$0.01 and last traded at C$0.01. 163,054 shares traded hands during mid-day trading, an increase of 21% from the average session volume of 134,440 shares. The stock had previously closed at C$0.01.

Identillect Technologies Price Performance

The firm has a market cap of C$1.47 million, a P/E ratio of -0.50 and a beta of 0.69. The stock’s 50-day simple moving average is C$0.01 and its two-hundred day simple moving average is C$0.01.

Identillect Technologies Company Profile

Identillect Technologies Corp. develops an email encryption software solution. It offers Delivery Trust, an email encryption technology that targets organizations of various sizes, as well as individuals, including medical professionals, insurance companies, accountants, lawyers, real estate agents, and educators in the United States and Mexico.