Visionstate (CVE:VIS) Shares Down 20% – Time to Sell?

Visionstate Corp. (CVE:VIS)’s share price traded down 20% during mid-day trading on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02. 390,000 shares traded hands during trading, an increase of 128% from the average session volume of 171,382 shares. The stock had previously closed at C$0.03.

Visionstate Trading Down 20.0 %

The company has a debt-to-equity ratio of 86.71, a quick ratio of 0.17 and a current ratio of 0.76. The firm’s fifty day simple moving average is C$0.03 and its 200-day simple moving average is C$0.04. The stock has a market cap of C$4.32 million, a P/E ratio of -2.00 and a beta of -1.85.

About Visionstate

Visionstate Corp., through its subsidiaries, engages in the research and development of technology in the realm of the Internet of Things, big data and analytics, and sustainability. It offers WandaNEXT, a wall-mounted, antimicrobial, wireless touchscreen tablet that empowers patrons to immediately notify cleaning staff of specific restroom needs and Wanda Mobile, an analytic and diagnostic tool to monitor and audit the effectiveness of supply management, response times, and protocols.