Visionstate (CVE:VIS) Trading Up 40% – Here’s What Happened

Visionstate Corp. (CVE:VISGet Free Report) shares were up 40% during trading on Wednesday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 271,666 shares were traded during mid-day trading, an increase of 96% from the average daily volume of 138,628 shares. The stock had previously closed at C$0.03.

Visionstate Price Performance

The firm has a market cap of C$7.56 million, a price-to-earnings ratio of -3.50 and a beta of -1.85. The company has a debt-to-equity ratio of 86.71, a quick ratio of 0.17 and a current ratio of 0.76. The business has a 50 day simple moving average of C$0.02 and a 200-day simple moving average of C$0.02.

About Visionstate

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Visionstate Corp., through its subsidiaries, engages in the research and development of technology in the realm of the Internet of Things, big data and analytics, and sustainability. It offers WandaNEXT, a wall-mounted, antimicrobial, wireless touchscreen tablet that empowers patrons to immediately notify cleaning staff of specific restroom needs and Wanda Mobile, an analytic and diagnostic tool to monitor and audit the effectiveness of supply management, response times, and protocols.

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