NEXE Innovations (CVE:NEXE) Stock Price Up 14.3% – Here’s What Happened

NEXE Innovations Inc. (CVE:NEXEGet Free Report)’s stock price shot up 14.3% during trading on Wednesday . The company traded as high as C$0.44 and last traded at C$0.44. 485,260 shares traded hands during trading, an increase of 493% from the average session volume of 81,884 shares. The stock had previously closed at C$0.39.

NEXE Innovations Stock Performance

The company has a quick ratio of 11.36, a current ratio of 5.90 and a debt-to-equity ratio of 1.98. The firm has a 50-day moving average price of C$0.39 and a 200 day moving average price of C$0.34. The firm has a market capitalization of C$42.81 million, a PE ratio of -6.29 and a beta of 2.11.

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.

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