NEXE Innovations (CVE:NEXE) Sets New 1-Year Low – Here’s Why

Shares of NEXE Innovations Inc. (CVE:NEXEGet Free Report) reached a new 52-week low during trading on Friday . The company traded as low as C$0.22 and last traded at C$0.22, with a volume of 100992 shares traded. The stock had previously closed at C$0.24.

NEXE Innovations Stock Performance

The stock has a market cap of C$22.06 million, a price-to-earnings ratio of -9.88 and a beta of 2.11. The firm’s 50-day moving average is C$0.30 and its two-hundred day moving average is C$0.35. The company has a current ratio of 6.13, a quick ratio of 11.36 and a debt-to-equity ratio of 1.39.

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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