NEXE Innovations (CVE:NEXE) Stock Price Up 10.5% – Still a Buy?

Shares of NEXE Innovations Inc. (CVE:NEXEGet Free Report) rose 10.5% on Friday . The stock traded as high as C$0.21 and last traded at C$0.21. Approximately 116,928 shares changed hands during mid-day trading, an increase of 51% from the average daily volume of 77,577 shares. The stock had previously closed at C$0.19.

NEXE Innovations Stock Performance

The company has a market capitalization of C$19.66 million, a PE ratio of -8.81 and a beta of 2.11. The company has a 50 day moving average of C$0.21 and a two-hundred day moving average of C$0.29. The company has a debt-to-equity ratio of 1.39, a current ratio of 6.13 and a quick ratio of 11.36.

About NEXE Innovations

(Get Free Report)

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.

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