Identillect Technologies (CVE:ID) Shares Down 50% – Here’s What Happened

Identillect Technologies Corp. (CVE:IDGet Free Report)’s share price was down 50% on Wednesday . The stock traded as low as C$0.01 and last traded at C$0.01. Approximately 163,054 shares were traded during mid-day trading, an increase of 21% from the average daily volume of 134,440 shares. The stock had previously closed at C$0.01.

Identillect Technologies Price Performance

The company has a market cap of C$1.47 million, a price-to-earnings ratio of -0.50 and a beta of 0.69. The firm has a 50 day simple moving average of C$0.01 and a 200-day simple moving average of C$0.01.

Identillect Technologies Company Profile

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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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