NexOptic Technology (CVE:NXO) Stock Price Down 20% – Here’s What Happened

NexOptic Technology Corp. (CVE:NXOGet Free Report) shares fell 20% during mid-day trading on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02. 101,270 shares were traded during trading, an increase of 42% from the average session volume of 71,111 shares. The stock had previously closed at C$0.03.

NexOptic Technology Stock Performance

The stock has a market capitalization of C$3.90 million, a P/E ratio of -1.00 and a beta of 1.14. The stock’s fifty 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 56.33, a current ratio of 0.07 and a quick ratio of 0.01.

About NexOptic Technology

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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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