NEXE Innovations (CVE:NEXE) Hits New 52-Week Low – Should You Sell?

NEXE Innovations Inc. (CVE:NEXEGet Free Report)’s share price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.11 and last traded at C$0.12, with a volume of 157510 shares. The stock had previously closed at C$0.11.

NEXE Innovations Stock Up 9.1%

The company has a quick ratio of 11.36, a current ratio of 6.13 and a debt-to-equity ratio of 1.39. The firm has a market capitalization of C$11.68 million, a PE ratio of -1.71 and a beta of 1.60. The business’s 50-day moving average price is C$0.12 and its 200-day moving average price is C$0.16.

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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