NexOptic Technology (CVE:NXO) Stock Price Down 20% – What’s Next?

by · The Markets Daily

Shares of NexOptic Technology Corp. (CVE:NXO – Get Free Report) were down 20% during trading on Monday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 108,652 shares changed hands during trading, an increase of 39% from the average daily volume of 78,217 shares. The stock had previously closed at C$0.03.

NexOptic Technology Stock Down 20.0 %

The firm’s fifty day simple moving average is C$0.03 and its two-hundred day simple moving average is C$0.02. The company has a current ratio of 0.07, a quick ratio of 0.01 and a debt-to-equity ratio of 56.33. The company 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

(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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