Shares of NexOptic Technology Corp. (CVE:NXO – Get Free Report) dropped 25% on Saturday . The company traded as low as C$0.01 and last traded at C$0.02. Approximately 219,300 shares traded hands during trading, an increase of 166% from the average daily volume of 82,576 shares. The stock had previously closed at C$0.02.
NexOptic Technology Price Performance
The company has a market capitalization of C$2.93 million, a PE ratio of -0.75 and a beta of 1.14. The company has a debt-to-equity ratio of 56.33, a current ratio of 0.07 and a quick ratio of 0.01. The company’s 50 day simple moving average is C$0.02 and its 200 day simple moving average is C$0.02.
About NexOptic Technology
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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