Visionstate (CVE:VIS) Shares Down 28.6% – Here’s What Happened

Visionstate Corp. (CVE:VIS)’s share price fell 28.6% during trading on Tuesday . The company traded as low as C$0.03 and last traded at C$0.03. 379,000 shares traded hands during trading, an increase of 147% from the average session volume of 153,197 shares. The stock had previously closed at C$0.04.

Visionstate Price Performance

The company has a debt-to-equity ratio of 86.71, a current ratio of 0.76 and a quick ratio of 0.17. The stock has a market cap of C$5.40 million, a price-to-earnings ratio of -2.50 and a beta of -1.85. The stock has a fifty day moving average of C$0.03 and a 200 day moving average of C$0.04.

Visionstate Company Profile

Visionstate Corp., through its subsidiaries, engages in the research and development of technology in the realm of the Internet of Things, big data and analytics, and sustainability. It offers WandaNEXT, a wall-mounted, antimicrobial, wireless touchscreen tablet that empowers patrons to immediately notify cleaning staff of specific restroom needs and Wanda Mobile, an analytic and diagnostic tool to monitor and audit the effectiveness of supply management, response times, and protocols.