NexOptic Technology (CVE:NXO) Stock Price Up 25% – Should You Buy?

NexOptic Technology Corp. (CVE:NXOGet Free Report)’s share price was up 25% during trading on Friday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 121,000 shares changed hands during mid-day trading, an increase of 92% from the average daily volume of 63,000 shares. The stock had previously closed at C$0.02.

NexOptic Technology Stock Performance

The company has a current ratio of 0.07, a quick ratio of 0.01 and a debt-to-equity ratio of 56.33. The stock’s 50 day moving average is C$0.03 and its 200 day moving average is C$0.02. The stock has a market capitalization of C$4.88 million, a price-to-earnings ratio of -1.25 and a beta of 1.14.

NexOptic Technology Company Profile

(Get Free Report)

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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