VIQ Solutions Inc. (VQS.V) (CVE:VQS) Stock Price Up 29.4% – Here’s Why

VIQ Solutions Inc. (VQS.V) (CVE:VQS)’s stock price rose 29.4% during mid-day trading on Friday . The company traded as high as C$0.11 and last traded at C$0.11. Approximately 148,634 shares were traded during mid-day trading, an increase of 309% from the average session volume of 36,344 shares. The stock had previously closed at C$0.09.

VIQ Solutions Inc. (VQS.V) Price Performance

The company has a market cap of C$8.46 million, a P/E ratio of -0.57, a PEG ratio of -0.62 and a beta of 1.81. The business’s fifty day moving average is C$0.08 and its 200 day moving average is C$0.11. The company has a current ratio of 0.87, a quick ratio of 0.84 and a debt-to-equity ratio of 179.34.

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.