NEXE Innovations (CVE:NEXE) Trading 14.3% Higher – Time to Buy?

NEXE Innovations Inc. (CVE:NEXEGet Free Report)’s stock price shot up 14.3% during trading on Wednesday . The company traded as high as C$0.44 and last traded at C$0.44. 485,260 shares changed hands during mid-day trading, an increase of 493% from the average session volume of 81,884 shares. The stock had previously closed at C$0.39.

NEXE Innovations Stock Performance

The business’s fifty day moving average is C$0.39 and its 200-day moving average is C$0.33. The company has a market cap of C$41.83 million, a PE ratio of -5.50 and a beta of 2.11. The company has a quick ratio of 11.36, a current ratio of 5.90 and a debt-to-equity ratio of 1.98.

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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