Nubeva Technologies (CVE:NBVA) Stock Price Down 12.5% – Here’s Why

Nubeva Technologies Ltd. (CVE:NBVAGet Free Report)’s share price fell 12.5% during mid-day trading on Tuesday . The company traded as low as C$0.18 and last traded at C$0.18. 396,678 shares changed hands during mid-day trading, an increase of 767% from the average session volume of 45,745 shares. The stock had previously closed at C$0.20.

Nubeva Technologies Stock Performance

The firm has a market cap of C$14.02 million, a price-to-earnings ratio of -29.50 and a beta of 1.10. 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 business has a fifty day simple moving average of C$0.21 and a 200-day simple moving average of C$0.26.

About Nubeva Technologies

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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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