Visionstate (CVE:VIS) Shares Down 20% – Here’s Why

Shares of Visionstate Corp. (CVE:VISGet Free Report) were down 20% on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 1,257,250 shares traded hands during mid-day trading, an increase of 78% from the average daily volume of 705,775 shares. The stock had previously closed at C$0.03.

Visionstate Stock Performance

The company has a quick ratio of 0.17, a current ratio of 0.76 and a debt-to-equity ratio of 86.71. The stock has a market capitalization of C$5.17 million, a P/E ratio of -4.00 and a beta of -0.54. The business has a fifty day moving average price of C$0.02 and a 200-day moving average price of C$0.02.

About Visionstate

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Visionstate Corp., through its subsidiaries, engages in the research and development of technology in the realm of the Internet of Things, big data and analytics, and sustainability. It offers WandaNEXT, a wall-mounted, antimicrobial, wireless touchscreen tablet that empowers patrons to immediately notify cleaning staff of specific restroom needs and Wanda Mobile, an analytic and diagnostic tool to monitor and audit the effectiveness of supply management, response times, and protocols. The company serves building service, medical, entertainment, travel, and retail industries.

Further Reading

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