VIQ Solutions Inc. (VQS.V) (CVE:VQS) Stock Price Down 20% – Time to Sell?

VIQ Solutions Inc. (VQS.V) (CVE:VQS)’s share price fell 20% during mid-day trading on Wednesday. The company traded as low as C$0.06 and last traded at C$0.06. 145,366 shares traded hands during mid-day trading, an increase of 307% from the average daily volume of 35,724 shares. The stock had previously closed at C$0.07.

VIQ Solutions Inc. (VQS.V) Stock Performance

The company has a current ratio of 0.87, a quick ratio of 0.84 and a debt-to-equity ratio of 179.34. The stock has a market capitalization of C$4.23 million, a price-to-earnings ratio of -0.33, a price-to-earnings-growth ratio of -0.62 and a beta of 1.52. The firm’s fifty day moving average price is C$0.11 and its 200 day moving average price is C$0.11.

About VIQ Solutions Inc. (VQS.V)

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.