NexOptic Technology (CVE:NXO) Trading Down 20% – Here’s What Happened

by · The Cerbat Gem

NexOptic Technology Corp. (CVE:NXO – Get Free Report) shares dropped 20% on Saturday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 480,200 shares were traded during trading, an increase of 387% from the average daily volume of 98,644 shares. The stock had previously closed at C$0.03.

NexOptic Technology Price Performance

The firm has a market capitalization of C$3.90 million, a P/E ratio of -1.00 and a beta of 1.14. The firm has a 50-day moving average of C$0.03 and a 200-day moving average of C$0.02. The company has a debt-to-equity ratio of 56.33, a quick ratio of 0.01 and a current ratio of 0.07.

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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