NEXE Innovations (CVE:NEXE) Stock Price Up 16.4% – Here’s What Happened

NEXE Innovations Inc. (CVE:NEXEGet Free Report)’s stock price rose 16.4% during mid-day trading on Monday . The stock traded as high as C$0.42 and last traded at C$0.39. Approximately 258,732 shares changed hands during mid-day trading, an increase of 277% from the average daily volume of 68,598 shares. The stock had previously closed at C$0.34.

NEXE Innovations Stock Up 16.4 %

The firm has a market cap of C$37.94 million, a PE ratio of -4.79 and a beta of 2.11. The stock has a 50-day simple moving average of C$0.31 and a two-hundred day simple moving average of C$0.30. The company has a quick ratio of 11.36, a current ratio of 5.90 and a debt-to-equity ratio of 1.98.

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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