NexOptic Technology (CVE:NXO) Shares Down 25% – Here’s What Happened

Shares of NexOptic Technology Corp. (CVE:NXOGet Free Report) fell 25% during mid-day trading on Saturday . The company traded as low as C$0.01 and last traded at C$0.02. 219,300 shares were traded during mid-day trading, an increase of 166% from the average session volume of 82,576 shares. The stock had previously closed at C$0.02.

NexOptic Technology Trading Down 25.0 %

The company has a debt-to-equity ratio of 56.33, a quick ratio of 0.01 and a current ratio of 0.07. The business has a fifty day simple moving average of C$0.02 and a 200 day simple moving average of C$0.02. The stock has a market cap of C$2.93 million, a price-to-earnings ratio of -0.75 and a beta of 1.14.

NexOptic Technology Company Profile

(Get Free Report)

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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