NexOptic Technology (CVE:NXO) Trading 50% Higher – Time to Buy?

NexOptic Technology Corp. (CVE:NXOGet Free Report) shares were up 50% during mid-day trading on Friday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 101,000 shares changed hands during mid-day trading, an increase of 2% from the average daily volume of 98,773 shares. The stock had previously closed at C$0.02.

NexOptic Technology Stock Performance

The stock has a market cap of C$4.88 million, a PE ratio of -1.25 and a beta of 1.14. The company has a debt-to-equity ratio of 56.33, a current ratio of 0.07 and a quick ratio of 0.01. The stock has a 50-day simple moving average of C$0.03 and a 200-day simple moving average of 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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