Intouch Insight (CVE:INX) Share Price Crosses Above Fifty Day Moving Average – Here’s What Happened

Intouch Insight Ltd. (CVE:INX) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$0.34 and traded as high as C$0.35. Intouch Insight shares last traded at C$0.35, with a volume of 15,000 shares changing hands.

Intouch Insight Stock Performance

The company has a 50-day moving average price of C$0.34 and a two-hundred day moving average price of C$0.39. The stock has a market capitalization of C$8.97 million, a P/E ratio of -11.67 and a beta of 0.83. The company has a current ratio of 1.70, a quick ratio of 1.82 and a debt-to-equity ratio of 43.52.

Insider Activity at Intouch Insight

In related news, Director Eric Marshall Beutel acquired 175,000 shares of the stock in a transaction dated Tuesday, September 2nd. The stock was bought at an average price of C$0.33 per share, for a total transaction of C$57,750.00. Following the purchase, the director directly owned 1,426,500 shares of the company’s stock, valued at C$470,745. The trade was a 13.98% increase in their position. 28.18% of the stock is currently owned by company 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.