NEXE Innovations (CVE:NEXE) Trading 24.1% Higher – Time to Buy?

Shares of NEXE Innovations Inc. (CVE:NEXEGet Free Report) traded up 24.1% during trading on Thursday . The company traded as high as C$0.18 and last traded at C$0.18. 251,924 shares changed hands during mid-day trading, an increase of 249% from the average session volume of 72,242 shares. The stock had previously closed at C$0.15.

NEXE Innovations Stock Performance

The company has a quick ratio of 11.36, a current ratio of 6.13 and a debt-to-equity ratio of 1.39. The stock has a 50 day simple moving average of C$0.19 and a 200 day simple moving average of C$0.20. The company has a market capitalization of C$17.51 million, a price-to-earnings ratio of -6.00 and a beta of 3.08.

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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