NexOptic Technology Corp. (CVE:NXO – Get Free Report)’s stock price dropped 20% during trading on Saturday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 480,200 shares were traded during mid-day 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 stock’s 50 day moving average price is C$0.03 and its two-hundred day moving average price is C$0.02. The company has a debt-to-equity ratio of 56.33, a current ratio of 0.07 and a quick ratio of 0.01. 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.
About NexOptic Technology
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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