NEXE Innovations (CVE:NEXE) Shares Up 6% – What’s Next?

NEXE Innovations Inc. (CVE:NEXEGet Free Report)’s stock price was up 6% during mid-day trading on Wednesday . The stock traded as high as C$0.36 and last traded at C$0.36. Approximately 193,150 shares traded hands during mid-day trading, an increase of 44% from the average daily volume of 134,361 shares. The stock had previously closed at C$0.34.

NEXE Innovations Price Performance

The stock has a fifty day moving average of C$0.38 and a 200 day moving average of C$0.35. The stock has a market cap of C$34.54 million, a price-to-earnings ratio of -5.07 and a beta of 2.11. The company has a debt-to-equity ratio of 1.98, a current ratio of 5.90 and a quick ratio of 11.36.

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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