NEXE Innovations (CVE:NEXE) Stock Price Up 14.3% – Time to Buy?

Shares of NEXE Innovations Inc. (CVE:NEXEGet Free Report) shot up 14.3% during trading on Wednesday . The stock traded as high as C$0.44 and last traded at C$0.44. 485,260 shares changed hands during trading, an increase of 493% from the average session volume of 81,884 shares. The stock had previously closed at C$0.39.

NEXE Innovations Price Performance

The stock has a market capitalization of C$42.81 million, a price-to-earnings ratio of -6.29 and a beta of 2.11. The company has a debt-to-equity ratio of 1.98, a current ratio of 5.90 and a quick ratio of 11.36. The business has a fifty day moving average of C$0.39 and a 200 day moving average of C$0.34.

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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