Nuchev (ASX:NUC) Stock Price Down 100%

Nuchev Limited (ASX:NUC)’s stock price dropped 100% during mid-day trading on Tuesday . The company traded as low as A$1.39 ($0.99) and last traded at A$1.44 ($1.02), approximately 43,807 shares changed hands during mid-day trading. The stock had previously closed at A$301,798.00 ($214,041.13).

The company has a debt-to-equity ratio of 1.52, a quick ratio of 13.72 and a current ratio of 20.15. The firm’s fifty day moving average is A$2.79. The company has a market capitalization of $72.00 million and a price-to-earnings ratio of -3.45.

About Nuchev (ASX:NUC)

Nuchev Limited, a health and nutrition solutions company, produces, markets, and sells goat milk based formula and nutritional products to consumers in Australasia. It offers nutritional food; toddler nutrition products; and health and well-being products. The company was founded in 2013 and is headquartered in Melbourne, Australia.

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