NexOptic Technology (CVE:NXO) Shares Down 20% – Should You Sell?

NexOptic Technology Corp. (CVE:NXOGet Free Report) shares traded down 20% during trading on Saturday . The company traded as low as C$0.02 and last traded at C$0.02. 480,200 shares were traded during trading, an increase of 387% from the average session volume of 98,644 shares. The stock had previously closed at C$0.03.

NexOptic Technology Price Performance

The company has a debt-to-equity ratio of 56.33, a current ratio of 0.07 and a quick ratio of 0.01. The company has a market cap of C$3.90 million, a PE ratio of -1.00 and a beta of 1.14. The company has a 50-day moving average price of C$0.03 and a two-hundred day moving average price of C$0.02.

About NexOptic Technology

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NexOptic Technology Corp., a technology company, develops artificial intelligence and imaging products. It engages in developing All Light Intelligent Imaging Solutions (ALIIS), a suite of intelligent imaging solution that processes raw images and video in real time; and NexCompress technological solutions.

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