Nubeva Technologies (CVE:NBVA) Trading Down 14.8% – Here’s Why

Shares of Nubeva Technologies Ltd. (CVE:NBVA) dropped 14.8% on Monday . The stock traded as low as C$0.10 and last traded at C$0.12. Approximately 219,225 shares traded hands during trading, an increase of 187% from the average daily volume of 76,458 shares. The stock had previously closed at C$0.14.

Nubeva Technologies Stock Performance

The stock has a fifty day moving average of C$0.18 and a 200-day moving average of C$0.23. The firm has a market capitalization of C$9.46 million, a P/E ratio of -29.50 and a beta of 1.10. The company has a quick ratio of 12.40, a current ratio of 7.46 and a debt-to-equity ratio of 0.94.

About Nubeva Technologies

Nubeva Technologies Ltd. develops and licenses software-based decryption solutions and TLS (SSL) network decryption solutions. It engages in the provision of cloud-based security software and services, as well as professional services. The company was founded in 2016 and is based in Vancouver, Canada.