Nubeva Technologies (CVE:NBVA) Shares Up 33.3% – Here’s Why

Shares of Nubeva Technologies Ltd. (CVE:NBVA) were up 33.3% during mid-day trading on Thursday. The company traded as high as C$0.24 and last traded at C$0.24. 131,112 shares traded hands during trading, an increase of 235% from the average daily volume of 39,170 shares. The stock had previously closed at C$0.18.

Nubeva Technologies Stock Performance

The company has a debt-to-equity ratio of 0.94, a current ratio of 7.46 and a quick ratio of 12.40. The firm has a fifty day simple moving average of C$0.18 and a 200 day simple moving average of C$0.16. The company has a market capitalization of C$16.49 million, a price-to-earnings ratio of -23.50 and a beta of -0.98.

Nubeva Technologies Company Profile

Nubeva Technologies Ltd. develops and licenses software-based decryption solutions and TLS (SSL) network decryption solutions. It engages in the provision of cloud-based security software and services, as well as professional services. The company was founded in 2016 and is based in Vancouver, Canada.