AirIQ (CVE:IQ) Shares Up 3.7% – Time to Buy?

Shares of AirIQ Inc. (CVE:IQ) were up 3.7% during mid-day trading on Monday . The company traded as high as C$0.56 and last traded at C$0.56. Approximately 4,700 shares were traded during trading, a decline of 70% from the average daily volume of 15,844 shares. The stock had previously closed at C$0.54.

AirIQ Price Performance

The business has a 50 day moving average price of C$0.53 and a 200 day moving average price of C$0.49. The firm has a market capitalization of C$16.54 million, a P/E ratio of 28.00 and a beta of -0.11.

About AirIQ

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.