Visionstate (CVE:VIS) Trading Down 20% – Should You Sell?

Visionstate Corp. (CVE:VISGet Free Report)’s share price dropped 20% on Saturday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 115,100 shares changed hands during mid-day trading, a decline of 58% from the average daily volume of 272,535 shares. The stock had previously closed at C$0.03.

Visionstate Price 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 cap of C$5.17 million, a price-to-earnings ratio of -4.00 and a beta of -0.62. The company has a 50 day simple moving average of C$0.02 and a 200-day simple moving average 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.

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