Intouch Insight (CVE:INX) Shares Cross Below Fifty Day Moving Average – Here’s What Happened

Shares of Intouch Insight Ltd. (CVE:INX) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$0.34 and traded as low as C$0.33. Intouch Insight shares last traded at C$0.33, with a volume of 2,564 shares traded.

Intouch Insight Stock Down 2.9%

The firm’s fifty day simple moving average is C$0.34 and its two-hundred day simple moving average is C$0.30. The company has a current ratio of 1.70, a quick ratio of 1.82 and a debt-to-equity ratio of 43.52. The company has a market capitalization of C$8.44 million, a price-to-earnings ratio of -8.25 and a beta of 1.04.

Insider Activity at Intouch Insight

In other news, Director Eric Marshall Beutel purchased 862,000 shares of Intouch Insight stock in a transaction dated Tuesday, June 23rd. The shares were purchased at an average price of C$0.32 per share, with a total value 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 ownership of the stock. Insiders own 28.18% of the company’s stock.

Intouch Insight Company Profile

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.