Nexj Systems Inc (TSE:NXJ) dropped 3.6% during mid-day trading on Tuesday . The stock traded as low as C$2.40 and last traded at C$2.40. Approximately 4,750 shares traded hands during trading, a decline of 53% from the average daily volume of 10,020 shares. The stock had previously closed at C$2.49.

Separately, Raymond James Financial decreased their price target on shares of Nexj Systems from C$4.00 to C$3.00 and set a “market perform” rating on the stock in a research note on Monday, October 30th.

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About Nexj Systems

NexJ Systems Inc provides enterprise customer management solutions to the financial services industry in the United States, Canada, the Asia Pacific, and Europe. It provides software for delivering customer relationship management (CRM) solutions to financial services and insurance industries, as well as CRM functionality tailored products to wealth management and private banking, corporate and commercial banking, and capital markets applications.

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