NexOptic Technology (CVE:NXO) Shares Down 20% – Here’s What Happened

NexOptic Technology Corp. (CVE:NXOGet Free Report) traded down 20% during mid-day trading on Saturday . The stock traded as low as C$0.02 and last traded at C$0.02. 480,200 shares were traded during trading, an increase of 387% from the average session volume of 98,644 shares. The stock had previously closed at C$0.03.

NexOptic Technology Stock Down 20.0 %

The business’s 50 day simple moving average is C$0.03 and its 200 day simple moving average is C$0.02. The company has a market capitalization of C$3.90 million, a PE ratio of -1.00 and a beta of 1.14. The company has a quick ratio of 0.01, a current ratio of 0.07 and a debt-to-equity ratio of 56.33.

NexOptic Technology Company Profile

(Get Free Report)

NexOptic Technology Corp., a technology company, develops artificial intelligence and imaging products. 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 NexCompress technological solutions.

Read More

Receive News & Ratings for NexOptic Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NexOptic Technology and related companies with MarketBeat.com's FREE daily email newsletter.