Intouch Insight (CVE:INX) Stock Passes Below Two Hundred Day Moving Average – What’s Next?

Shares of Intouch Insight Ltd. (CVE:INX) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$0.31 and traded as low as C$0.28. Intouch Insight shares last traded at C$0.28, with a volume of 542 shares traded.

Intouch Insight Price Performance

The business’s 50 day moving average is C$0.34 and its two-hundred day moving average is C$0.31. The firm has a market capitalization of C$7.29 million, a PE ratio of -7.12 and a beta of 1.20. The company has a debt-to-equity ratio of 43.52, a current ratio of 1.70 and a quick ratio of 1.82.

Insider Activity at Intouch Insight

In related news, Director Eric Marshall Beutel acquired 862,000 shares of the stock in a transaction dated Tuesday, June 23rd. The shares were purchased at an average price of C$0.32 per share, for a total transaction of C$275,840.00. Following the transaction, the director owned 2,333,000 shares in the company, valued at C$746,560. This represents a 58.60% increase in their position. 28.18% of the stock is owned by insiders.

About Intouch Insight

Intouch Insight Ltd. provides customer experience management products and software solutions in Canada, the United States, and internationally. The company’s solutions and services allow its clients to measure, monitor, and improve the delivery of their brand across multiple locations and/or large geographical areas, including mystery shopping, audits, merchandising, sampling, customer capture, and store re-branding; and Software as a Service products comprising forms and checklist automation, customer satisfaction surveys, and data aggregation, analysis, and reporting.