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

NEXE Innovations Inc. (CVE:NEXEGet Free Report) shares were up 24.1% during mid-day trading on Thursday . The stock traded as high as C$0.18 and last traded at C$0.18. Approximately 251,924 shares traded 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 debt-to-equity ratio of 1.39, a quick ratio of 11.36 and a current ratio of 6.13. The business has a fifty day simple moving average of C$0.19 and a 200 day simple moving average of C$0.20. The stock has a market capitalization of C$16.54 million, a price-to-earnings ratio of -5.67 and a beta of 3.08.

NEXE Innovations Company Profile

(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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