NexOptic Technology (CVE:NXO) Stock Price Down 25% – Time to Sell?

NexOptic Technology Corp. (CVE:NXOGet Free Report)’s stock price fell 25% during trading on Saturday . The company traded as low as C$0.01 and last traded at C$0.02. 219,300 shares were traded during mid-day trading, an increase of 166% from the average session volume of 82,576 shares. The stock had previously closed at C$0.02.

NexOptic Technology Trading Down 25.0 %

The business has a 50 day moving average of C$0.02 and a two-hundred day moving average of C$0.02. The firm has a market capitalization of C$2.93 million, a price-to-earnings ratio of -0.75 and a beta of 1.14. The company has a debt-to-equity ratio of 56.33, a quick ratio of 0.01 and a current ratio of 0.07.

About NexOptic Technology

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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.

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