NEXE Innovations (CVE:NEXE) Hits New 52-Week Low – Here’s Why

Shares of NEXE Innovations Inc. (CVE:NEXEGet Free Report) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as C$0.23 and last traded at C$0.24, with a volume of 142418 shares. The stock had previously closed at C$0.26.

NEXE Innovations Price Performance

The firm’s fifty day simple moving average is C$0.33 and its 200 day simple moving average is C$0.36. The firm has a market cap of C$23.02 million, a P/E ratio of -10.31 and a beta of 2.11. The company has a debt-to-equity ratio of 1.39, a quick ratio of 11.36 and a current ratio of 6.13.

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.

Further Reading

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