NEXE Innovations (CVE:NEXE) Sets New 52-Week Low – Should You Sell?

NEXE Innovations Inc. (CVE:NEXE)’s stock price hit a new 52-week low on Tuesday . The company traded as low as C$0.10 and last traded at C$0.11, with a volume of 8932 shares. The stock had previously closed at C$0.11.

NEXE Innovations Stock Performance

The company’s fifty day moving average price is C$0.12 and its 200 day moving average price is C$0.15. The firm has a market capitalization of C$10.70 million, a price-to-earnings ratio of -1.57 and a beta of 1.40.

About NEXE Innovations

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.