Shares of Identillect Technologies Corp. (CVE:ID – Get Free Report) reached a new 52-week low during mid-day trading on Wednesday after an insider sold shares in the company. The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 176000 shares changing hands. The stock had previously closed at C$0.01.
Specifically, insider Raymond James Ltd. sold 1,923,268 shares of the firm’s stock in a transaction that occurred on Friday, October 27th. The shares were sold at an average price of C$0.03, for a total value of C$48,081.70.
Identillect Technologies Price Performance
The firm has a market capitalization of C$1.47 million, a PE ratio of -0.50 and a beta of 0.69. The business has a 50-day moving average price of C$0.01 and a 200-day moving average price of C$0.01.
About Identillect Technologies
Identillect Technologies Corp. develops an email encryption software solution. It offers Delivery Trust, an email encryption technology that targets organizations of various sizes, as well as individuals, including medical professionals, insurance companies, accountants, lawyers, real estate agents, and educators in the United States and Mexico.
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