NEXE Innovations (CVE:NEXE) Shares Up 3.7% – Here’s Why

NEXE Innovations Inc. (CVE:NEXEGet Free Report)’s share price shot up 3.7% on Thursday . The stock traded as high as C$0.43 and last traded at C$0.42. 188,600 shares traded hands during trading, an increase of 144% from the average session volume of 77,452 shares. The stock had previously closed at C$0.40.

NEXE Innovations Trading Up 1.2 %

The company has a debt-to-equity ratio of 1.98, a current ratio of 5.90 and a quick ratio of 11.36. The stock has a market capitalization of C$40.86 million, a PE ratio of -6.00 and a beta of 2.11. The stock’s 50 day simple moving average is C$0.37 and its two-hundred day simple moving average is C$0.33.

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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