NEXE Innovations (CVE:NEXE) Trading Up 7.4% – Here’s What Happened

Shares of NEXE Innovations Inc. (CVE:NEXE) were up 7.4% during trading on Friday . The company traded as high as C$0.15 and last traded at C$0.15. Approximately 94,205 shares traded hands during mid-day trading, an increase of 111% from the average daily volume of 44,688 shares. The stock had previously closed at C$0.14.

NEXE Innovations Trading Up 14.8%

The stock’s 50 day moving average price is C$0.12 and its 200 day moving average price is C$0.14. The firm has a market cap of C$15.08 million, a PE ratio of -2.21 and a beta of 0.97.

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.