NexOptic Technology (CVE:NXO) Stock Price Down 11.1%

NexOptic Technology Corp. (CVE:NXOGet Rating) shares fell 11.1% during trading on Wednesday . The company traded as low as C$0.08 and last traded at C$0.08. 47,525 shares changed hands during mid-day trading, a decline of 73% from the average session volume of 173,572 shares. The stock had previously closed at C$0.09.

NexOptic Technology Stock Performance

The company has a debt-to-equity ratio of 56.33, a quick ratio of 0.03 and a current ratio of 0.03. The stock’s 50-day moving average is C$0.09 and its 200 day moving average is C$0.17. The firm has a market cap of C$11.06 million and a P/E ratio of -2.88.

NexOptic Technology Company Profile

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NexOptic Technology Corp., a technology company, develops and invests in optical and lens technologies. It engages in developing All Light Intelligent Imaging Solutions (ALIIS), a suite of intelligent imaging solution that processes raw images and video in real time; and DoubleTake, a wide-angle and telephoto camera that allow near-instant spotting and zooming capabilities.

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