NEXE Innovations (CVE:NEXE) Shares Up 2.8% – Still a Buy?

NEXE Innovations Inc. (CVE:NEXEGet Free Report)’s share price was up 2.8% during trading on Tuesday . The stock traded as high as C$0.38 and last traded at C$0.37. Approximately 36,600 shares were traded during mid-day trading, a decline of 49% from the average daily volume of 72,081 shares. The stock had previously closed at C$0.36.

NEXE Innovations Trading Down 4.1 %

The company has a debt-to-equity ratio of 1.98, a current ratio of 5.90 and a quick ratio of 11.36. The firm has a fifty day simple moving average of C$0.40 and a two-hundred day simple moving average of C$0.35. The firm has a market capitalization of C$34.54 million, a P/E ratio of -5.07 and a beta of 2.11.

NEXE Innovations Company Profile

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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.

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