Nubeva Technologies (CVE:NBVA) Trading 8.1% Higher – Time to Buy?

Shares of Nubeva Technologies Ltd. (CVE:NBVAGet Free Report) shot up 8.1% during mid-day trading on Thursday . The company traded as high as C$0.20 and last traded at C$0.20. 2,339 shares traded hands during trading, a decline of 95% from the average session volume of 45,099 shares. The stock had previously closed at C$0.19.

Nubeva Technologies Price Performance

The stock’s 50 day simple moving average is C$0.21 and its 200-day simple moving average is C$0.27. The company has a debt-to-equity ratio of 0.94, a quick ratio of 12.40 and a current ratio of 7.46. The firm has a market cap of C$14.02 million, a price-to-earnings ratio of -29.50 and a beta of 1.10.

Nubeva Technologies Company Profile

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Nubeva Technologies Ltd. develops and licenses software-based decryption solutions and TLS (SSL) network decryption solutions. It engages in the provision of cloud-based security software and services, as well as professional services. The company was founded in 2016 and is based in Vancouver, Canada.

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