NEXE Innovations (CVE:NEXE) Sets New 1-Year High – Should You Buy?

NEXE Innovations Inc. (CVE:NEXEGet Free Report)’s share price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$0.42 and last traded at C$0.42, with a volume of 213331 shares changing hands. The stock had previously closed at C$0.38.

NEXE Innovations Stock Performance

The stock has a market capitalization of C$40.38 million, a price-to-earnings ratio of -5.93 and a beta of 2.11. The company has a debt-to-equity ratio of 1.98, a current ratio of 5.90 and a quick ratio of 11.36. The stock has a 50-day moving average of C$0.31 and a 200 day moving average of C$0.30.

About NEXE Innovations

(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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