AirIQ (CVE:IQ) Shares Up 5% – Should You Buy?

AirIQ Inc. (CVE:IQGet Free Report) shares shot up 5% during mid-day trading on Friday . The company traded as high as C$0.53 and last traded at C$0.53. 45,771 shares traded hands during trading, an increase of 125% from the average session volume of 20,323 shares. The stock had previously closed at C$0.50.

AirIQ Stock Performance

The firm has a market cap of C$15.25 million, a P/E ratio of 26.25 and a beta of -0.78. The firm has a 50 day simple moving average of C$0.50 and a 200 day simple moving average of C$0.44.

AirIQ Company Profile

(Get Free Report)

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.

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