NEXE Innovations (CVE:NEXE) Hits New 52-Week Low – Here’s Why

NEXE Innovations Inc. (CVE:NEXEGet Free Report) shares hit a new 52-week low on Thursday . The company traded as low as C$0.23 and last traded at C$0.24, with a volume of 142418 shares trading hands. The stock had previously closed at C$0.26.

NEXE Innovations Stock Performance

The firm has a market capitalization of C$23.02 million, a PE ratio of -10.31 and a beta of 2.11. The company has a current ratio of 6.13, a quick ratio of 11.36 and a debt-to-equity ratio of 1.39. The business’s 50 day simple moving average is C$0.33 and its two-hundred day simple moving average is C$0.36.

NEXE Innovations Company Profile

(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.

Further Reading

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