NEXE Innovations (CVE:NEXE) Shares Up 17.2% – Still a Buy?

NEXE Innovations Inc. (CVE:NEXEGet Free Report)’s share price shot up 17.2% on Wednesday . The stock traded as high as C$0.17 and last traded at C$0.17. 168,924 shares changed hands during mid-day trading, an increase of 135% from the average session volume of 71,838 shares. The stock had previously closed at C$0.15.

NEXE Innovations Price Performance

The stock has a market capitalization of C$16.54 million, a P/E ratio of -5.67 and a beta of 3.08. The company has a 50 day moving average of C$0.19 and a 200-day moving average of C$0.20. The company has a quick ratio of 11.36, a current ratio of 6.13 and a debt-to-equity ratio of 1.39.

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.

Further Reading

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