Visionstate (CVE:VIS) Shares Down 20% – Here’s What Happened

Visionstate Corp. (CVE:VISGet Free Report) shares were down 20% on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 390,000 shares were traded during mid-day trading, an increase of 128% from the average daily volume of 171,382 shares. The stock had previously closed at C$0.03.

Visionstate Stock Performance

The company has a quick ratio of 0.17, a current ratio of 0.76 and a debt-to-equity ratio of 86.71. The firm has a market cap of C$4.32 million, a price-to-earnings ratio of -2.00 and a beta of -1.85. The business’s 50-day simple moving average is C$0.03 and its two-hundred day simple moving average is C$0.04.

About Visionstate

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Visionstate Corp., through its subsidiaries, engages in the research and development of technology in the realm of the Internet of Things, big data and analytics, and sustainability. It offers WandaNEXT, a wall-mounted, antimicrobial, wireless touchscreen tablet that empowers patrons to immediately notify cleaning staff of specific restroom needs and Wanda Mobile, an analytic and diagnostic tool to monitor and audit the effectiveness of supply management, response times, and protocols.

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