NEXE Innovations (CVE:NEXE) Hits New 12-Month Low – What’s Next?

NEXE Innovations Inc. (CVE:NEXEGet Free Report) reached a new 52-week low during trading on Wednesday . The stock traded as low as C$0.11 and last traded at C$0.11, with a volume of 54067 shares. The stock had previously closed at C$0.12.

NEXE Innovations Trading Down 4.3%

The company has a quick ratio of 11.36, a current ratio of 6.13 and a debt-to-equity ratio of 1.39. The company’s 50-day moving average is C$0.15 and its 200-day moving average is C$0.18. The stock has a market capitalization of C$10.70 million, a price-to-earnings ratio of -1.83 and a beta of 2.81.

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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