Visionstate (CVE:VIS) Trading Up 25% – Time to Buy?

Visionstate Corp. (CVE:VIS) shares rose 25% during mid-day trading on Friday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 1,603,000 shares changed hands during mid-day trading, an increase of 965% from the average session volume of 150,529 shares. The stock had previously closed at C$0.02.

Visionstate Trading Up 25.0%

The business has a 50 day moving average of C$0.02 and a 200-day moving average of C$0.02. The company has a current ratio of 0.76, a quick ratio of 0.17 and a debt-to-equity ratio of 86.71. The firm has a market capitalization of C$6.46 million, a P/E ratio of 0.13 and a beta of 0.42.

About Visionstate

Visionstate Corp., through its subsidiaries, engages in the research and development of technology in the realm of the Internet of Things, big data and analytics, and sustainability. It offers WandaNEXT, a wall-mounted, antimicrobial, wireless touchscreen tablet that empowers patrons to immediately notify cleaning staff of specific restroom needs and Wanda Mobile, an analytic and diagnostic tool to monitor and audit the effectiveness of supply management, response times, and protocols. The company serves building service, medical, entertainment, travel, and retail industries.