NexOptic Technology (CVE:NXO) Shares Up 50% – Should You Buy?

NexOptic Technology Corp. (CVE:NXOGet Free Report)’s share price shot up 50% during trading on Wednesday . The company traded as high as C$0.02 and last traded at C$0.02. 565,020 shares changed hands during trading, an increase of 601% from the average session volume of 80,649 shares. The stock had previously closed at C$0.01.

NexOptic Technology Stock Performance

The firm has a market capitalization of C$2.93 million, a price-to-earnings ratio of -0.75 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. The stock has a 50-day moving average price of C$0.01 and a 200 day moving average price of C$0.02.

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.

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