Visionstate (CVE:VIS) Trading Down 20% – Time to Sell?

Visionstate Corp. (CVE:VIS)’s share price dropped 20% during mid-day trading on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 1,257,250 shares traded hands during mid-day trading, an increase of 78% from the average daily volume of 705,775 shares. The stock had previously closed at C$0.03.

Visionstate Trading Down 20.0%

The firm’s 50 day moving average price is C$0.02 and its 200-day moving average price is C$0.02. The company has a debt-to-equity ratio of 86.71, a current ratio of 0.76 and a quick ratio of 0.17. The stock has a market cap of C$5.17 million, a P/E ratio of -4.00 and a beta of -0.54.

About Visionstate

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. The company serves building service, medical, entertainment, travel, and retail industries.