NexOptic Technology (CVE:NXO) Stock Price Up 50% – Here’s Why

NexOptic Technology Corp. (CVE:NXOGet Free Report) shares shot up 50% during mid-day trading on Friday . The company traded as high as C$0.03 and last traded at C$0.03. 111,000 shares traded hands during mid-day trading, an increase of 91% from the average session volume of 58,000 shares. The stock had previously closed at C$0.02.

NexOptic Technology Stock Up 25.0 %

The business has a 50 day simple moving average of C$0.03 and a 200-day simple moving average of C$0.02. The company has a debt-to-equity ratio of 56.33, a quick ratio of 0.01 and a current ratio of 0.07. The firm has a market capitalization of C$4.88 million, a price-to-earnings ratio of -1.25 and a beta of 1.14.

NexOptic Technology Company Profile

(Get Free Report)

NexOptic Technology Corp., a technology company, develops artificial intelligence and imaging products. It engages in developing All Light Intelligent Imaging Solutions (ALIIS), a suite of intelligent imaging solution that processes raw images and video in real time; and NexCompress technological solutions.

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