Nubeva Technologies (CVE:NBVA) Shares Down 25.9% – Here’s Why

Shares of Nubeva Technologies Ltd. (CVE:NBVAGet Free Report) dropped 25.9% during mid-day trading on Monday . The company traded as low as C$0.10 and last traded at C$0.10. Approximately 371,725 shares traded hands during mid-day trading, an increase of 304% from the average daily volume of 91,926 shares. The stock had previously closed at C$0.14.

Nubeva Technologies Stock Performance

The company has a debt-to-equity ratio of 0.94, a quick ratio of 12.40 and a current ratio of 7.46. The stock’s fifty day moving average price is C$0.18 and its 200-day moving average price is C$0.23. The company has a market capitalization of C$9.46 million, a P/E ratio of -29.50 and a beta of 1.10.

Nubeva Technologies Company Profile

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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.

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