Shares of AirIQ Inc. (CVE:IQ – Get Free Report) dropped 1.9% during mid-day trading on Wednesday . The stock traded as low as C$0.51 and last traded at C$0.53. Approximately 10,000 shares traded hands during trading, a decline of 4% from the average daily volume of 10,408 shares. The stock had previously closed at C$0.54.
AirIQ Stock Down 11.3%
The company has a 50 day moving average of C$0.52 and a 200-day moving average of C$0.53. The stock has a market capitalization of C$13.88 million, a P/E ratio of 47.00 and a beta of 0.32.
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.
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