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Intellinetics (OTCMKTS:INLX) Trading 4.6% Higher - Time to Buy?

Intellinetics logo with Computer and Technology background

Shares of Intellinetics, Inc. (OTCMKTS:INLX - Get Free Report) traded up 4.6% on Thursday . The company traded as high as $13.98 and last traded at $13.69. 2,155 shares traded hands during mid-day trading, a decline of 69% from the average session volume of 6,870 shares. The stock had previously closed at $13.09.

Intellinetics Price Performance

The company has a quick ratio of 0.89, a current ratio of 0.91 and a debt-to-equity ratio of 0.31. The firm's 50 day simple moving average is $12.42 and its 200 day simple moving average is $12.72. The company has a market capitalization of $58.78 million, a PE ratio of 90.27 and a beta of 0.41.

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, audio, videos, and emails.

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