NEXE Innovations (CVE:NEXE) Trading Down 1.3% – Here’s Why

Shares of NEXE Innovations Inc. (CVE:NEXEGet Free Report) traded down 1.3% during mid-day trading on Thursday . The stock traded as low as C$0.37 and last traded at C$0.38. 69,717 shares were traded during trading, a decline of 19% from the average session volume of 86,070 shares. The stock had previously closed at C$0.38.

NEXE Innovations Stock Performance

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 company has a market capitalization of C$36.00 million, a PE ratio of -5.29 and a beta of 2.11. The stock has a 50-day simple moving average of C$0.40 and a 200 day simple moving average of C$0.34.

About NEXE Innovations

(Get Free Report)

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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