Nubeva Technologies (CVE:NBVA) Shares Down 12.3% – Here’s What Happened

Nubeva Technologies Ltd. (CVE:NBVAGet Free Report)’s stock price dropped 12.3% during trading on Wednesday . The stock traded as low as C$0.25 and last traded at C$0.25. Approximately 43,505 shares traded hands during mid-day trading, a decline of 5% from the average daily volume of 45,865 shares. The stock had previously closed at C$0.29.

Nubeva Technologies Price Performance

The company has a 50 day moving average of C$0.25 and a 200 day moving average of C$0.29. The company has a debt-to-equity ratio of 0.94, a quick ratio of 12.40 and a current ratio of 7.46. The stock has a market capitalization of C$15.77 million, a price-to-earnings ratio of -29.50 and a beta of 1.10.

Nubeva Technologies Company Profile

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Nubeva Technologies Ltd. develops and licenses software-based decryption solutions and TLS (SSL) network decryption solutions. It engages in the provision of cloud-based security software and services, as well as professional services. The company was founded in 2016 and is based in Vancouver, Canada.

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