NEXE Innovations (CVE:NEXE) Trading Up 2.3% – Should You Buy?

NEXE Innovations Inc. (CVE:NEXEGet Free Report) shares shot up 2.3% on Friday . The stock traded as high as C$0.23 and last traded at C$0.23. 58,095 shares changed hands during trading, a decline of 40% from the average session volume of 97,030 shares. The stock had previously closed at C$0.22.

NEXE Innovations Stock Performance

The company has a market capitalization of C$21.58 million, a P/E ratio of -9.67 and a beta of 2.11. The company has a debt-to-equity ratio of 1.39, a quick ratio of 11.36 and a current ratio of 6.13. The business’s fifty day simple moving average is C$0.25 and its 200-day simple moving average is C$0.34.

About NEXE Innovations

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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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