NEXE Innovations (CVE:NEXE) Reaches New 1-Year Low – What’s Next?

NEXE Innovations Inc. (CVE:NEXEGet Free Report) hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.14 and last traded at C$0.14, with a volume of 33160 shares trading hands. The stock had previously closed at C$0.15.

NEXE Innovations Stock Performance

The business’s 50 day simple moving average is C$0.17 and its two-hundred day simple moving average is C$0.19. The firm has a market capitalization of C$13.62 million, a PE ratio of -2.33 and a beta of 2.81. The company has a current ratio of 6.13, a quick ratio of 11.36 and a debt-to-equity ratio of 1.39.

About NEXE Innovations

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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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