NEXE Innovations (CVE:NEXE) Trading 5% Higher

NEXE Innovations Inc. (CVE:NEXEGet Rating)’s share price traded up 5% during mid-day trading on Tuesday . The company traded as high as C$0.42 and last traded at C$0.42. 20,784 shares traded hands during trading, a decline of 51% from the average session volume of 42,093 shares. The stock had previously closed at C$0.40.

NEXE Innovations Price Performance

The stock has a market capitalization of C$48.65 million and a price-to-earnings ratio of -2.96. The company has a quick ratio of 11.36, a current ratio of 11.68 and a debt-to-equity ratio of 3.89. The business’s 50 day simple moving average is C$0.31 and its 200-day simple moving average is C$0.28.

NEXE Innovations Company Profile

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NEXE Innovations Inc manufactures and sells 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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