NEXE Innovations (CVE:NEXE) Trading 14.3% Higher – What’s Next?

NEXE Innovations Inc. (CVE:NEXEGet Free Report) was up 14.3% on Thursday . The stock traded as high as C$0.44 and last traded at C$0.44. Approximately 101,505 shares traded hands during mid-day trading, an increase of 32% from the average daily volume of 76,616 shares. The stock had previously closed at C$0.39.

NEXE Innovations Trading Down 5.8 %

The company has a current ratio of 5.90, a quick ratio of 11.36 and a debt-to-equity ratio of 1.98. The stock has a market capitalization of C$39.40 million, a P/E ratio of -5.79 and a beta of 2.11. The business has a 50-day moving average price of C$0.34 and a two-hundred day moving average price of C$0.31.

About NEXE Innovations

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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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