NexOptic Technology (CVE:NXO) Shares Down 25% – Should You Sell?

NexOptic Technology Corp. (CVE:NXOGet Free Report)’s stock price was down 25% during mid-day trading on Friday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 101,300 shares traded hands during mid-day trading, an increase of 27% from the average daily volume of 79,550 shares. The stock had previously closed at C$0.02.

NexOptic Technology Price Performance

The firm has a market capitalization of C$2.93 million, a price-to-earnings ratio of -0.75 and a beta of 1.14. The company’s 50 day moving average is C$0.02 and its 200-day moving average is C$0.02. The company has a current ratio of 0.07, a quick ratio of 0.01 and a debt-to-equity ratio of 56.33.

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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