Intouch Insight (CVE:INX) Share Price Passes Above 50-Day Moving Average – Here’s What Happened

Shares of Intouch Insight Ltd. (CVE:INX) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$0.32 and traded as high as C$0.33. Intouch Insight shares last traded at C$0.33, with a volume of 858 shares changing hands.

Intouch Insight Trading Up 16.1%

The firm has a 50-day moving average of C$0.32 and a 200-day moving average of C$0.31. The company has a debt-to-equity ratio of 43.52, a quick ratio of 1.82 and a current ratio of 1.70. The firm has a market capitalization of C$8.31 million, a P/E ratio of -8.12 and a beta of 1.20.

Insider Buying and Selling at Intouch Insight

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

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.