Intouch Insight (CVE:INX) Shares Pass Below 50 Day Moving Average – Here’s What Happened

Intouch Insight Ltd. (CVE:INX) shares crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$0.30 and traded as low as C$0.26. Intouch Insight shares last traded at C$0.26, with a volume of 1,500 shares changing hands.

Intouch Insight Stock Down 10.3%

The company has a quick ratio of 1.82, a current ratio of 1.70 and a debt-to-equity ratio of 43.52. The company’s fifty day moving average is C$0.30 and its 200-day moving average is C$0.31. The company has a market cap of C$6.65 million, a PE ratio of 26.00 and a beta of 1.15.

Insider Buying and Selling

In other news, Director Eric Marshall Beutel bought 862,000 shares of the stock in a transaction on Tuesday, June 23rd. The shares were bought at an average price of C$0.32 per share, with a total value of C$275,840.00. Following the completion of the acquisition, the director owned 2,333,000 shares in the company, valued at C$746,560. The trade was a 58.60% increase in their ownership of the stock. Company 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.