VIQ Solutions Inc. (VQS.V) (CVE:VQS) Shares Down 20% – Here’s Why

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

VIQ Solutions Inc. (VQS.V) Stock Performance

The firm has a market cap of C$4.93 million, a price-to-earnings ratio of -0.39, a P/E/G ratio of -0.62 and a beta of 1.52. The company has a debt-to-equity ratio of 179.34, a current ratio of 0.87 and a quick ratio of 0.84. The firm has a fifty day simple moving average of C$0.11 and a two-hundred day simple moving average of C$0.11.

VIQ Solutions Inc. (VQS.V) Company Profile

(Get Free Report)

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.

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