NEXE Innovations (CVE:NEXE) Stock Price Up 3.7% – Should You Buy?

NEXE Innovations Inc. (CVE:NEXEGet Free Report) traded up 3.7% during mid-day trading on Thursday . The company traded as high as C$0.43 and last traded at C$0.42. 188,600 shares traded hands during trading, an increase of 144% from the average session volume of 77,452 shares. The stock had previously closed at C$0.40.

NEXE Innovations Price Performance

The stock’s fifty day moving average price is C$0.37 and its 200-day moving average price is C$0.33. The firm has a market cap of C$40.38 million, a price-to-earnings ratio of -5.93 and a beta of 2.11. The company has a current ratio of 5.90, a quick ratio of 11.36 and a debt-to-equity ratio of 1.98.

About NEXE Innovations

(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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