NEXE Innovations (CVE:NEXE) Stock Price Up 14.3% – What’s Next?

NEXE Innovations Inc. (CVE:NEXE – Get Free Report)’s stock price rose 14.3% during mid-day trading on Thursday . The company traded as high as C$0.44 and last traded at C$0.44. Approximately 101,505 shares were traded during trading, an increase of 32% from the average daily volume of 76,616 shares. The stock had previously closed at C$0.39.

NEXE Innovations Stock Performance

The stock’s 50-day simple moving average is C$0.33 and its 200-day simple moving average is C$0.31. The stock has a market cap of C$41.35 million, a price-to-earnings ratio of -5.50 and a beta of 2.11. The company has a current ratio of 5.90, a quick ratio of 11.36 and a debt-to-equity ratio of 1.98.

About NEXE Innovations

(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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