Nubeva Technologies (CVE:NBVA) Shares Down 8.8% – Here’s What Happened

Nubeva Technologies Ltd. (CVE:NBVAGet Free Report) shares dropped 8.8% during mid-day trading on Monday . The company traded as low as C$0.15 and last traded at C$0.16. Approximately 140,520 shares traded hands during mid-day trading, an increase of 64% from the average daily volume of 85,778 shares. The stock had previously closed at C$0.17.

Nubeva Technologies Price Performance

The company has a market capitalization of C$10.87 million, a P/E ratio of -29.50 and a beta of 1.10. The company has a 50 day moving average price of C$0.21 and a 200 day moving average price of C$0.25. The company has a current ratio of 7.46, a quick ratio of 12.40 and a debt-to-equity ratio of 0.94.

Nubeva Technologies Company Profile

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Nubeva Technologies Ltd. develops and licenses software-based decryption solutions and TLS (SSL) network decryption solutions. It engages in the provision of cloud-based security software and services, as well as professional services. The company was founded in 2016 and is based in Vancouver, Canada.

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