NEXE Innovations (CVE:NEXE) Shares Up 24.1% – Here’s What Happened

NEXE Innovations Inc. (CVE:NEXEGet Free Report)’s stock price shot up 24.1% during mid-day trading on Thursday . The company traded as high as C$0.18 and last traded at C$0.18. 251,924 shares were traded during mid-day trading, an increase of 249% from the average session volume of 72,242 shares. The stock had previously closed at C$0.15.

NEXE Innovations Price Performance

The company has a 50-day moving average of C$0.19 and a 200 day moving average of C$0.20. 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 stock has a market capitalization of C$16.54 million, a PE ratio of -5.67 and a beta of 3.08.

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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