Identillect Technologies (CVE:ID) Stock Price Down 50% – Here’s Why

Identillect Technologies Corp. (CVE:IDGet Free Report) dropped 50% during mid-day trading on Monday . The stock traded as low as C$0.01 and last traded at C$0.01. Approximately 149,000 shares traded hands during mid-day trading, a decline of 22% from the average daily volume of 192,053 shares. The stock had previously closed at C$0.01.

Identillect Technologies Price Performance

The business has a 50-day moving average price of C$0.01 and a 200-day moving average price of C$0.01. The firm has a market capitalization of C$2.94 million, a price-to-earnings ratio of -0.50 and a beta of 0.69.

About Identillect Technologies

(Get Free Report)

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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