NEXE Innovations Inc. (CVE:NEXE) reached a new 52-week low on Monday . The company traded as low as C$0.72 and last traded at C$0.73, with a volume of 56696 shares traded. The stock had previously closed at C$0.75.
Separately, Fundamental Research set a C$2.56 price objective on NEXE Innovations and gave the stock a “buy” rating in a research note on Tuesday, June 15th.
The company has a fifty day moving average of C$0.89 and a 200-day moving average of C$1.33.
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 Vancouver, Canada.
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