NEXE Innovations (CVE:NEXE) Stock Price Up 14.3% – What’s Next?

NEXE Innovations Inc. (CVE:NEXEGet Free Report)’s stock price shot up 14.3% during trading on Thursday . The stock traded as high as C$0.44 and last traded at C$0.44. 101,505 shares were traded during mid-day trading, an increase of 32% from the average session volume of 76,616 shares. The stock had previously closed at C$0.39.

NEXE Innovations Stock Performance

The firm has a market cap of C$41.35 million, a P/E ratio of -5.50 and a beta of 2.11. The company has a debt-to-equity ratio of 1.98, a quick ratio of 11.36 and a current ratio of 5.90. The company’s 50 day moving average is C$0.33 and its 200 day moving average is C$0.31.

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.

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