Visionstate (CVE:VIS) Stock Price Down 20% – Here’s Why

Shares of Visionstate Corp. (CVE:VIS) traded down 20% during trading on Monday . The stock traded as low as C$0.02 and last traded at C$0.02. 390,000 shares changed hands during mid-day trading, an increase of 128% from the average session volume of 171,382 shares. The stock had previously closed at C$0.03.

Visionstate Price Performance

The company has a quick ratio of 0.17, a current ratio of 0.76 and a debt-to-equity ratio of 86.71. The company’s 50 day moving average is C$0.03 and its 200 day moving average is C$0.04. The firm has a market capitalization of C$4.32 million, a price-to-earnings ratio of -2.00 and a beta of -1.85.

Visionstate Company Profile

Visionstate Corp., through its subsidiaries, engages in the research and development of technology in the realm of the Internet of Things, big data and analytics, and sustainability. It offers WandaNEXT, a wall-mounted, antimicrobial, wireless touchscreen tablet that empowers patrons to immediately notify cleaning staff of specific restroom needs and Wanda Mobile, an analytic and diagnostic tool to monitor and audit the effectiveness of supply management, response times, and protocols.