NEXE Innovations (CVE:NEXE) Stock Price Up 2.8% – Here’s Why

NEXE Innovations Inc. (CVE:NEXEGet Free Report) traded up 2.8% on Tuesday . The company traded as high as C$0.38 and last traded at C$0.37. 36,600 shares changed hands during trading, a decline of 49% from the average session volume of 72,081 shares. The stock had previously closed at C$0.36.

NEXE Innovations Price Performance

The company has a quick ratio of 11.36, a current ratio of 5.90 and a debt-to-equity ratio of 1.98. The company has a market cap of C$38.92 million, a price-to-earnings ratio of -5.71 and a beta of 2.11. The stock’s 50-day simple moving average is C$0.40 and its 200 day simple moving average is C$0.35.

NEXE Innovations Company Profile

(Get Free Report)

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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