VIQ Solutions Inc. (VQS.V) (CVE:VQS) Shares Down 38.2% – What’s Next?

Shares of VIQ Solutions Inc. (VQS.V) (CVE:VQS) dropped 38.2% on Monday . The company traded as low as C$0.11 and last traded at C$0.11. Approximately 433,956 shares were traded during trading, an increase of 1,076% from the average daily volume of 36,909 shares. The stock had previously closed at C$0.17.

VIQ Solutions Inc. (VQS.V) Stock Down 6.7%

The company has a debt-to-equity ratio of 179.34, a quick ratio of 0.84 and a current ratio of 0.87. The firm has a fifty day simple moving average of C$0.19 and a 200-day simple moving average of C$2.67. The firm has a market cap of C$9.71 million, a price-to-earnings ratio of -1.08, a P/E/G ratio of -0.62 and a beta of 0.59.

VIQ Solutions Inc. (VQS.V) Company Profile

VIQ Solutions Inc operates as a technology and service platform provider for digital evidence capture, retrieval, and content management in Australia, the United States, the United Kingdom, Canada, and internationally. It operates in two segments, Technology and Transcription. The Technology segment develops, distributes, and licenses computer-based digital solutions based on its technology. The Transcription segment provides recording and transcription services. The company's software captures digital content from audio/video source, and provides online collaboration, mobility, data analytics, and integration with sensors, facial recognition, speech recognition, and case management or patient record systems.