NexOptic Technology (CVE:NXO) Trading Down 20% – Should You Sell?

NexOptic Technology Corp. (CVE:NXOGet Free Report)’s stock price was down 20% during trading on Friday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 480,200 shares traded hands during mid-day trading, an increase of 387% from the average daily volume of 98,644 shares. The stock had previously closed at C$0.03.

NexOptic Technology Stock Performance

The company has a quick ratio of 0.01, a current ratio of 0.07 and a debt-to-equity ratio of 56.33. The stock’s 50-day moving average price is C$0.03 and its 200 day moving average price is C$0.02. The company has a market cap of C$3.90 million, a P/E ratio of -1.00 and a beta of 1.14.

About NexOptic Technology

(Get Free Report)

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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