NEXE Innovations (CVE:NEXE) Trading Down 1.3% – Time to Sell?

NEXE Innovations Inc. (CVE:NEXEGet Free Report)’s stock price traded down 1.3% during trading on Thursday . The company traded as low as C$0.37 and last traded at C$0.38. 69,717 shares changed hands during mid-day trading, a decline of 19% from the average session volume of 86,070 shares. The stock had previously closed at C$0.38.

NEXE Innovations Price Performance

The business’s fifty day moving average is C$0.40 and its 200 day moving average is C$0.34. The company has a market cap of C$36.48 million, a P/E ratio of -5.36 and a beta of 2.11. The company has a current ratio of 5.90, a quick ratio of 11.36 and a debt-to-equity ratio of 1.98.

About NEXE Innovations

(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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