Nubeva Technologies (CVE:NBVA) Stock Price Down 25.9% – Here’s What Happened

Nubeva Technologies Ltd. (CVE:NBVA)’s stock price fell 25.9% during trading on Tuesday . The stock traded as low as C$0.10 and last traded at C$0.10. 371,725 shares were traded during mid-day trading, an increase of 304% from the average session volume of 91,926 shares. The stock had previously closed at C$0.14.

Nubeva Technologies Price Performance

The business’s 50-day simple moving average is C$0.18 and its two-hundred day simple moving average is C$0.23. The stock has a market cap of C$9.46 million, a price-to-earnings ratio of -29.50 and a beta of 1.10. The company has a debt-to-equity ratio of 0.94, a current ratio of 7.46 and a quick ratio of 12.40.

About Nubeva Technologies

Nubeva Technologies Ltd. develops and licenses software-based decryption solutions and TLS (SSL) network decryption solutions. It engages in the provision of cloud-based security software and services, as well as professional services. The company was founded in 2016 and is based in Vancouver, Canada.