NEXE Innovations (CVE:NEXE) Price Target Cut to C$1.00 by Analysts at Pi Financial

NEXE Innovations (CVE:NEXEGet Rating) had its target price cut by Pi Financial from C$3.00 to C$1.00 in a report published on Tuesday morning, BayStreet.CA reports.

NEXE Innovations Stock Up 2.0 %

CVE:NEXE opened at C$0.26 on Tuesday. The company has a quick ratio of 15.85, a current ratio of 18.38 and a debt-to-equity ratio of 3.97. The firm has a market capitalization of C$25.18 million and a price-to-earnings ratio of -1.66. NEXE Innovations has a twelve month low of C$0.25 and a twelve month high of C$1.18. The stock’s 50 day moving average price is C$0.31 and its two-hundred day moving average price is C$0.45.

NEXE Innovations Company Profile

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NEXE Innovations Inc designs, develops, manufactures, and sells plant-based single-serve coffee pods for use in single-serve coffee machines. The company was founded in 2015 and is headquartered in Surrey, Canada.

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