Shares of Identillect Technologies Corp. (CVE:ID – Get Free Report) hit a new 52-week low during trading on Wednesday following insider selling activity. The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 176000 shares traded. The stock had previously closed at C$0.01.
Specifically, insider Raymond James Ltd. sold 1,923,268 shares of the company’s stock in a transaction that occurred on Friday, October 27th. The stock was sold at an average price of C$0.03, for a total transaction of C$48,081.70.
Identillect Technologies Price Performance
The stock has a market cap of C$1.47 million, a P/E ratio of -0.50 and a beta of 0.69. The business has a 50 day moving average price of C$0.01 and a 200 day moving average price of C$0.01.
About Identillect Technologies
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.
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