Visionstate (CVE:VIS) Trading Down 20% – Here’s Why

Visionstate Corp. (CVE:VIS)’s stock price traded down 20% during mid-day trading on Friday . The company traded as low as C$0.02 and last traded at C$0.02. 1,992,635 shares were traded during mid-day trading, an increase of 1,034% from the average session volume of 175,676 shares. The stock had previously closed at C$0.03.

Visionstate Trading Down 20.0%

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 stock has a 50 day simple moving average of C$0.03 and a 200-day simple moving average of C$0.03. The firm has a market cap of C$4.32 million, a P/E ratio of -2.00 and a beta of -1.85.

Visionstate Company Profile

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.