NexOptic Technology (CVE:NXO) Shares Down 20% – Should You Sell?

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

NexOptic Technology Trading Down 20.0 %

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

NexOptic Technology Company Profile

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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.

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