NEXE Innovations (CVE:NEXE) Stock Price Up 24.1% – Here’s Why

NEXE Innovations Inc. (CVE:NEXEGet Free Report) rose 24.1% on Thursday . The company traded as high as C$0.18 and last traded at C$0.18. Approximately 251,924 shares changed hands during mid-day trading, an increase of 249% from the average daily volume of 72,242 shares. The stock had previously closed at C$0.15.

NEXE Innovations Stock Performance

The company has a market capitalization of C$17.51 million, a PE ratio of -6.00 and a beta of 3.08. The business’s fifty day moving average is C$0.19 and its two-hundred day moving average is C$0.20. The company has a current ratio of 6.13, a quick ratio of 11.36 and a debt-to-equity ratio of 1.39.

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.

Further Reading

Receive News & Ratings for NEXE Innovations Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NEXE Innovations and related companies with MarketBeat.com's FREE daily email newsletter.