Visionstate (CVE:VIS) Shares Down 25% – Should You Sell?

Visionstate Corp. (CVE:VISGet Free Report) dropped 25% during trading on Wednesday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 1,114,000 shares changed hands during mid-day trading, an increase of 310% from the average daily volume of 271,541 shares. The stock had previously closed at C$0.02.

Visionstate Trading Down 20.0%

The stock has a market capitalization of C$5.17 million, a PE ratio of -4.00 and a beta of -0.62. The company’s 50 day moving average price is C$0.02 and its two-hundred day moving average price is C$0.02. The company has a debt-to-equity ratio of 86.71, a current ratio of 0.76 and a quick ratio of 0.17.

Visionstate Company Profile

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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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