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

Shares of Nubeva Technologies Ltd. (CVE:NBVAGet Free Report) fell 25.9% during mid-day trading on Monday . The company traded as low as C$0.10 and last traded at C$0.10. 371,725 shares traded hands during 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 Stock Performance

The company has a market cap of C$7.01 million, a P/E ratio of -29.50 and a beta of 1.10. The company has a quick ratio of 12.40, a current ratio of 7.46 and a debt-to-equity ratio of 0.94. The company has a 50 day moving average price of C$0.18 and a 200-day moving average price of C$0.23.

Nubeva Technologies Company Profile

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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.

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