NEXE Innovations (CVE:NEXE) Hits New 12-Month Low – What’s Next?

Shares of NEXE Innovations Inc. (CVE:NEXEGet Free Report) hit a new 52-week low on Wednesday . The company traded as low as C$0.11 and last traded at C$0.13, with a volume of 307810 shares trading hands. The stock had previously closed at C$0.13.

NEXE Innovations Price Performance

The stock has a market cap of C$12.16 million, a price-to-earnings ratio of -2.08 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. The stock has a 50-day moving average price of C$0.16 and a two-hundred day moving average price of C$0.19.

NEXE Innovations Company Profile

(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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