iSIGN Media Solutions Inc. (ISD) Is Yet to See Trading Action on Mar 14

March 14, 2018 - By Marguerite Chambers

Shares of iSIGN Media Solutions Inc. (CVE:ISD) closed at 0.11 yesterday. iSIGN Media Solutions Inc. currently has a total float of 111.47M shares and on average sees 141,703 shares exchange hands each day. The stock now has a 52-week low of 0.05 and high of 0.14.

S&P/TSX Composite Index: Making Canadian Economy Grow Bigger

The Canadian economy is growing as fast as any global economy giant today. It may not yet be as big as that of the US or Japan but it surely boasts with a promising trade and commerce environment.

The main stock exchange in Canada is the Toronto Stock Exchange (TSX) with the benchmark index being the S&P/TSX Composite Index. The TSX perfectly represents how much the Canadian economy has grown and evolved through the years and how it still continues to transform for the better.

Getting to Know the TSX

The TSX is made up of over 1,500 companies as of October 31, 2014. It has nearly touched the $3 trillion total market capitalization mark in May. iSIGN Media Solutions Inc. trades on the exchange. The S&P/TSX Composite Index is the benchmark Canadian index, representing roughly 70% of the total market capitalization on the TSX with about 250 companies included in it. More than half of it is composed of the its biggest sectors only’ the Financials sector and the Energy sector. Included in the list of top five biggest sectors in the S&P/TSX Composite Index are the Materials, Industrials, and Consumer Discretionary sectors.

In February 1950, the S&P/TSX Composite Index had posted its all-time low, 217.50. In September 2014, it had posted its all-time high, 15,657.63. The surge in oil prices in 2014 had led the S&P/TSX Composite Index to attain this peak level as both the Energy and Financial sectors primarily got a boost.

S&P/TSX Composite Index Eligibility

The S&P/TSX Composite Index, like most indices, is a free-float market-capitalization-weighted index. This means that stocks that are not frequently traded are automatically excluded from it. These stocks are those that are held by venture capitalists, inside traders, the government, among others.

In order to become a component of the S&P/TSX Composite Index, a company must first meet a set of certain criteria.
First, a company must of course be listed on the TSX. That being said, it must abide by all Canadian laws.
Should it be included, the company must weigh a minimum of 0.05% on the S&P/TSX Composite Index. iSIGN Media Solutions Inc. complies with the rules for listing.

In terms of price, its average stock price in the past three months prior to rebalancing date must be at least C$1. Its stock price in the three sessions immediately prior to rebalancing date must also be at least C$1.

In terms of trading volume, the company must represent at least 0.025% of the total trading volume of the components of the S&P/TSX Composite Index.
Oil prices are highly expected to rebound soon, giving the TSX a further lift, as the Organization of the Petroleum Exporting Countries (OPEC) is to cut oil production amid the growing supply glut dilemma. This is why more and more investors are considering to enter the Canadian equity market. Needless to say, investing in the TSX is the best way to bet on one of the world’s most influential economies. Professional analysts might be interested how this will affect iSIGN Media Solutions Inc..

More notable recent iSIGN Media Solutions Inc. (CVE:ISD) news were published by: which released: “iSign Media Solutions Inc.” on May 03, 2016, also with their article: “iSIGN Media Announces Australia’s JEA Technologies as Distributor for its …” published on July 03, 2014, published: “S&P Capital IQ Initiates Coverage on iSign Media Solutions Inc in Standard …” on June 28, 2012. More interesting news about iSIGN Media Solutions Inc. (CVE:ISD) were released by: and their article: “iSIGN Announces an Agreement With Chameleon Digital Media to Launch Toronto’s …” published on March 09, 2015 as well as‘s news article titled: “The Convenience Network Launches Proximity to Mobile Technology in the Golden …” with publication date: February 18, 2015.

iSIGN Media Solutions Inc., a data-focused software-as-a-service company, provides location interactive proximity advertising solutions in North America. The company has market cap of $12.26 million. The firm gathers point-of-sale data and mobile shopper preferences to generate actionable data and reveal valuable consumer insights; and enables brands to deliver targeted messaging, personalized offers, and loyalty perks to consumer mobile devices on location and in real-time. It currently has negative earnings. The Company’s interactive media solutions include Smart Antenna, a Bluetooth/Wi-Fi transceiver device that identifies mobile devices, such as phones and tablets, as well as to push messages to these devices when they are within 300ft; and interactive marketing systems that push messages to Bluetooth devices that are in proximity of the device.

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