Shares of NexOptic Technology Corp. (CVE:NXO – Get Free Report) 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 Stock Performance
The firm’s 50-day simple moving average is C$0.03 and its two-hundred day simple moving average is C$0.02. The company has a market cap of C$3.90 million, a PE ratio of -1.00 and a beta of 1.14. The company has a current ratio of 0.07, a quick ratio of 0.01 and a debt-to-equity ratio of 56.33.
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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