Intellinetics, Inc. (OTCMKTS:INLX – Get Rating)'s stock price fell 7.5% during trading on Thursday . The stock traded as low as $4.84 and last traded at $4.84. 21,354 shares changed hands during trading, an increase of 6% from the average session volume of 20,157 shares. The stock had previously closed at $5.23.
Intellinetics Stock Down 15.5 %
The company has a quick ratio of 0.78, a current ratio of 0.79 and a debt-to-equity ratio of 0.31. The business's fifty day simple moving average is $4.07 and its two-hundred day simple moving average is $4.31.
Get Intellinetics alerts:Intellinetics (OTCMKTS:INLX – Get Rating) last announced its quarterly earnings data on Monday, November 14th. The company reported $0.05 EPS for the quarter, beating analysts' consensus estimates of ($0.01) by $0.06. Intellinetics had a negative net margin of 1.18% and a positive return on equity of 3.49%. The business had revenue of $3.86 million during the quarter, compared to analyst estimates of $3.60 million. On average, equities research analysts expect that Intellinetics, Inc. will post -0.03 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Intellinetics stock. Virtu Financial LLC acquired a new stake in shares of Intellinetics, Inc. (OTCMKTS:INLX – Get Rating) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 10,161 shares of the company's stock, valued at approximately $39,000. Virtu Financial LLC owned approximately 0.25% of Intellinetics at the end of the most recent quarter.Intellinetics Company Profile
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Intellinetics, Inc designs, develops, tests, markets, and licenses document services and software solutions in the United States. The company operates in two segments, Document Management and Document Conversion. Its software platform allows its customers to capture and manage documents across operations, such as scanned hard-copy documents and digital documents, including Microsoft Office 365, digital images, audios, videos, and emails.
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