NexTech AR Solutions Corp. (OTCMKTS:NEXCF – Get Rating) shares were down 8.8% during trading on Monday . The stock traded as low as $0.37 and last traded at $0.39. Approximately 239,473 shares traded hands during trading, an increase of 74% from the average daily volume of 137,577 shares. The stock had previously closed at $0.43.
Analyst Upgrades and Downgrades
Separately, HC Wainwright reissued a “buy” rating and issued a $2.50 price target on shares of NexTech AR Solutions in a research note on Friday, February 10th.
NexTech AR Solutions Price Performance
The company has a current ratio of 2.65, a quick ratio of 2.44 and a debt-to-equity ratio of 0.04. The business’s 50-day simple moving average is $0.53 and its two-hundred day simple moving average is $0.62. The firm has a market cap of $42.17 million, a price-to-earnings ratio of -1.50 and a beta of 1.80.
About NexTech AR Solutions
NexTech AR Solutions Corp. engages in the development and provision of reality advertising platform. It operates through eCommerce and Technology Services segments. The eCommerce segment includes online sales channels, market places, and Direct sales through websites. The Technology Services segment involves on the provision of technology services for eCommerce, virtual events, higher education, and advertising.
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