VIQ Solutions Inc. (OTCMKTS:VQSLF) shares shot up 3.4% on Wednesday . The stock traded as high as $7.00 and last traded at $6.85. 26,374 shares changed hands during trading, an increase of 8% from the average session volume of 24,528 shares. The stock had previously closed at $6.63.
Separately, HC Wainwright increased their price target on VIQ Solutions from $8.00 to $10.00 and gave the stock a “buy” rating in a research report on Monday, May 17th.
The company has a quick ratio of 2.71, a current ratio of 2.71 and a debt-to-equity ratio of 0.59. The firm has a market cap of $175.61 million, a PE ratio of -19.04 and a beta of -1.15. The firm’s 50-day moving average price is $7.14.
About VIQ Solutions (OTCMKTS:VQSLF)
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 Related Revenue, and Technology Services.
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