AirIQ (CVE:IQ) Trading Up 1.9% – Here’s What Happened

AirIQ Inc. (CVE:IQ) shares shot up 1.9% during mid-day trading on Friday . The company traded as high as C$0.54 and last traded at C$0.54. 40,600 shares traded hands during trading, an increase of 145% from the average session volume of 16,567 shares. The stock had previously closed at C$0.53.

AirIQ Stock Performance

The company’s 50 day moving average price is C$0.50 and its 200-day moving average price is C$0.46. The stock has a market cap of C$15.69 million, a P/E ratio of 27.00 and a beta of -1.04.

AirIQ Company Profile

AirIQ Inc provides wireless asset management and location services in Canada. The company also develops and operates telematics asset management system by digitized mapping, wireless communications, internet, and the global positioning system. Its web-based platform provides fleet operators and vehicle owners with a suite of asset management solutions to monitor, manage, and protect their assets. In addition, the company offers its services through online or a mobile app, including instant vehicle locating, boundary notification, automated inventory reports, maintenance reminders, security alerts, and vehicle disabling and unauthorized movement alerts.