NexOptic Technology (CVE:NXO) Reaches New 1-Year Low – Should You Sell?

Shares of NexOptic Technology Corp. (CVE:NXO) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$0.01 and last traded at C$0.02, with a volume of 267000 shares traded. The stock had previously closed at C$0.01.

NexOptic Technology Price Performance

The company has a market cap of C$1.95 million, a P/E ratio of -0.50 and a beta of 1.14. The company has a 50 day moving average of C$0.01 and a 200-day moving average of C$0.02. The company has a debt-to-equity ratio of 56.33, a current ratio of 0.07 and a quick ratio of 0.01.

NexOptic Technology Company Profile

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.