NexOptic Technology (CVE:NXO) Shares Down 20% – Here’s Why

Shares of NexOptic Technology Corp. (CVE:NXOGet Free Report) fell 20% during mid-day trading on Friday . The stock traded as low as C$0.02 and last traded at C$0.02. 439,200 shares traded hands during mid-day trading, an increase of 350% from the average session volume of 97,668 shares. The stock had previously closed at C$0.03.

NexOptic Technology Stock Down 20.0 %

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

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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