NexOptic Technology (CVE:NXO) Stock Price Down 20% – Should You Sell?

by · The Markets Daily

Shares of NexOptic Technology Corp. (CVE:NXO – Get Free Report) traded down 20% on Friday . The company traded as low as C$0.02 and last traded at C$0.02. 436,200 shares changed hands during trading, an increase of 348% from the average session volume of 97,358 shares. The stock had previously closed at C$0.03.

NexOptic Technology Price Performance

The business has a fifty day moving average of C$0.03 and a two-hundred day moving average of C$0.02. The firm has a market capitalization of C$3.90 million, a price-to-earnings ratio of -1.00 and a beta of 1.14. 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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