NexOptic Technology (CVE:NXO) Trading Down 20% – Here’s Why

NexOptic Technology Corp. (CVE:NXOGet Free Report)’s stock price traded down 20% on Saturday . The company traded as low as C$0.02 and last traded at C$0.02. 480,200 shares were traded during trading, an increase of 387% from the average session volume of 98,644 shares. The stock had previously closed at C$0.03.

NexOptic Technology Stock Performance

The stock’s fifty day simple moving average is C$0.03 and its two-hundred day simple moving average is C$0.02. The company has a market cap of C$3.90 million, a price-to-earnings ratio of -1.00 and a beta of 1.14. The company has a debt-to-equity ratio of 56.33, a quick ratio of 0.01 and a current ratio of 0.07.

About NexOptic Technology

(Get Free Report)

NexOptic Technology Corp., a technology company, develops artificial intelligence and imaging products. It engages in developing All Light Intelligent Imaging Solutions (ALIIS), a suite of intelligent imaging solution that processes raw images and video in real time; and NexCompress technological solutions.

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