NEXE Innovations (CVE:NEXE) Shares Up 24.1% – Here’s What Happened

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

NEXE Innovations Stock Performance

The firm has a market cap of C$16.54 million, a PE ratio of -5.67 and a beta of 3.08. The company 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 debt-to-equity ratio of 1.39, a current ratio of 6.13 and a quick ratio of 11.36.

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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