NEXE Innovations (CVE:NEXE) Stock Price Up 3.7% – Should You Buy?

Shares of NEXE Innovations Inc. (CVE:NEXEGet Free Report) rose 3.7% during mid-day trading on Thursday . The stock traded as high as C$0.43 and last traded at C$0.42. Approximately 188,600 shares were traded during trading, an increase of 144% from the average daily volume of 77,452 shares. The stock had previously closed at C$0.40.

NEXE Innovations Price Performance

The stock has a market capitalization of C$40.38 million, a PE ratio of -5.93 and a beta of 2.11. The stock’s 50 day moving average is C$0.37 and its two-hundred day moving average is C$0.33. The company has a debt-to-equity ratio of 1.98, a quick ratio of 11.36 and a current ratio of 5.90.

NEXE Innovations Company Profile

(Get Free Report)

NEXE Innovations Inc engages in the manufacture and sale of plant-based single-serve coffee pods for use in single-serve coffee machines in Canada. The company was founded in 2015 and is headquartered in Surrey, Canada.

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