NexOptic Technology (CVE:NXO) down 8%

Shares of NexOptic Technology Corp. (CVE:NXO – Get Rating) were down 8% in midday trading on Monday. The company traded as low as C$0.12 and last traded at C$0.12. Approximately 149,997 shares were traded during trading, an increase of 1% from the average daily volume of 147,957 shares. The stock previously closed at C$0.13.

The stock has a market capitalization of C$15.48 million and a PE ratio of -4.81. The company has a quick ratio of 0.07, a current ratio of 0.10 and a debt ratio of 56.33. The stock’s 50-day moving average price is C$0.20 and its 200-day moving average price is C$0.31.

NexOptic Technology Company Profile (CVE: NXO)

NexOptic Technology Corp., a technology company, develops and invests in optical and lens technologies. It is committed to developing All Light Intelligent Imaging Solutions (ALIIS), a suite of intelligent imaging solutions that processes raw images and video in real time; DoubleTake, a wide-angle and telephoto camera that enables near-instantaneous scouting and zooming capabilities; and mobile lens products.

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