Visionstate (CVE:VIS) Trading Down 20% – Time to Sell?

Visionstate Corp. (CVE:VIS)’s share price was down 20% on Friday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 446,000 shares traded hands during trading, an increase of 54% from the average daily volume of 289,219 shares. The stock had previously closed at C$0.03.

Visionstate Price Performance

The company has a debt-to-equity ratio of 86.71, a current ratio of 0.76 and a quick ratio of 0.17. The stock’s fifty day simple moving average is C$0.02 and its 200-day simple moving average is C$0.02. The company has a market capitalization of C$5.17 million, a P/E ratio of -4.00 and a beta of -0.62.

Visionstate Company Profile

Visionstate Corp., through its subsidiaries, engages in the research and development of technology in the realm of the Internet of Things, big data and analytics, and sustainability. It offers WandaNEXT, a wall-mounted, antimicrobial, wireless touchscreen tablet that empowers patrons to immediately notify cleaning staff of specific restroom needs and Wanda Mobile, an analytic and diagnostic tool to monitor and audit the effectiveness of supply management, response times, and protocols.