NEXE Innovations (CVE:NEXE) Stock Price Up 7.4%

NEXE Innovations Inc. (CVE:NEXE – Get Rating) shares rose 7.4% during trading on Tuesday . The company traded as high as C$0.32 and last traded at C$0.29. Approximately 195,093 shares traded hands during mid-day trading, an increase of 128% from the average daily volume of 85,504 shares. The stock had previously closed at C$0.27.

The stock has a 50 day moving average of C$0.40 and a two-hundred day moving average of C$0.52. The company has a debt-to-equity ratio of 3.97, a quick ratio of 15.85 and a current ratio of 18.38. The stock has a market cap of C$28.08 million and a PE ratio of -1.72.

NEXE Innovations Company Profile (CVE:NEXE)

NEXE Innovations Inc designs, develops, manufactures, and sells plant-based single-serve coffee pods for use in single-serve coffee machines. The company was founded in 2015 and is headquartered in Surrey, Canada.

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