Intellinetics (INLX) Expected to Announce Earnings on Tuesday

Intellinetics (OTCMKTS:INLX - Get Free Report) is anticipated to release its earnings data after the market closes on Tuesday, May 13th. Analysts expect Intellinetics to post earnings of ($0.07) per share and revenue of $4.46 million for the quarter.

Intellinetics Trading Down 6.7 %

OTCMKTS:INLX traded down $0.97 on Friday, hitting $13.50. 1,450 shares of the stock were exchanged, compared to its average volume of 6,540. The stock has a fifty day moving average of $13.00 and a 200-day moving average of $13.35. The company has a current ratio of 0.91, a quick ratio of 0.89 and a debt-to-equity ratio of 0.31. Intellinetics has a fifty-two week low of $5.85 and a fifty-two week high of $16.50. The stock has a market cap of $58.24 million, a PE ratio of 90.01 and a beta of 0.45.

Insider Activity

In other news, Director John C. Guttilla bought 3,000 shares of the company's stock in a transaction dated Friday, March 28th. The shares were acquired at an average cost of $12.00 per share, with a total value of $36,000.00. Following the completion of the transaction, the director now directly owns 24,905 shares in the company, valued at approximately $298,860. The trade was a 13.70 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 32.08% of the company's stock.

Intellinetics Company Profile

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, audio, videos, and emails.