Shares of NexOptic Technology Corp. (CVE:NXO – Get Free Report) dropped 20% during mid-day trading on Monday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 101,270 shares traded hands during mid-day trading, an increase of 42% from the average daily volume of 71,111 shares. The stock had previously closed at C$0.03.
NexOptic Technology Stock Performance
The company has a current ratio of 0.07, a quick ratio of 0.01 and a debt-to-equity ratio of 56.33. The business has a 50 day moving average of C$0.02 and a 200-day moving average of C$0.02. The stock has a market cap of C$3.90 million, a PE ratio of -1.00 and a beta of 1.14.
About NexOptic Technology
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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