Axion Ventures (CVE:AXV) Shares Down 6.7%

Axion Ventures Inc (CVE:AXV)’s stock price dropped 6.7% during trading on Tuesday . The stock traded as low as C$0.14 and last traded at C$0.14, approximately 10,000 shares traded hands during trading. A decline of 42% from the average daily volume of 17,180 shares. The stock had previously closed at C$0.15.

The company’s 50 day moving average is C$0.16 and its 200 day moving average is C$0.23. The company has a current ratio of 0.10, a quick ratio of 0.09 and a debt-to-equity ratio of 12,860.00. The stock has a market capitalization of $34.79 million and a price-to-earnings ratio of -4.71.

About Axion Ventures (CVE:AXV)

Axion Ventures Inc primarily develops and publishes online games for various platforms, consoles, PCs, and mobiles in China and internationally. The company also develops display technology based on eyewear and contact lenses; and HotNow, a marketing automation platform for retailers to offer various promotions.

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