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

by · The Cerbat Gem

Visionstate Corp. (CVE:VIS – Get Free Report) shares dropped 20% on Saturday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 446,000 shares changed hands during trading, an increase of 54% from the average daily volume of 289,219 shares. The stock had previously closed at C$0.03.

Visionstate Trading Down 20.0%

The company has a fifty day moving average price of C$0.02 and a 200-day moving average price of C$0.02. The firm has a market capitalization of C$5.17 million, a price-to-earnings ratio of -4.00 and a beta of -0.62. The company has a current ratio of 0.76, a quick ratio of 0.17 and a debt-to-equity ratio of 86.71.

Visionstate Company Profile

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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.

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