Identillect Technologies (CVE:ID) Shares Down 50% – What’s Next?

Identillect Technologies Corp. (CVE:ID)’s stock price traded down 50% on Monday . The stock traded as low as C$0.01 and last traded at C$0.01. 149,000 shares changed hands during trading, a decline of 22% from the average session volume of 192,053 shares. The stock had previously closed at C$0.01.

Identillect Technologies Stock Performance

The company has a market cap of C$2.94 million, a P/E ratio of -0.50 and a beta of 0.69. The business has a 50 day moving average price of C$0.01 and a 200-day moving average price of C$0.01.

Identillect Technologies Company Profile

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.