Visionstate (CVE:VIS) Stock Price Down 20% – Here’s Why

Visionstate Corp. (CVE:VIS)’s share price was down 20% during mid-day trading on Friday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 446,000 shares changed hands during trading, an increase of 54% from the average daily volume of 289,219 shares. The stock had previously closed at C$0.03.

Visionstate Trading Down 20.0%

The stock’s 50 day moving average price is C$0.02 and its 200-day moving average price is C$0.02. The stock has a market capitalization of C$5.17 million, a P/E ratio of -4.00 and a beta of -0.62. The company has a quick ratio of 0.17, a current ratio of 0.76 and a debt-to-equity ratio of 86.71.

About Visionstate

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.