Nexe Innovations Stock Today

NEXE Stock  CAD 0.44  0.01  2.33%   

Performance

9 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 20

 
High
 
Low
Low
NEXE Innovations is selling for under 0.44 as of the 16th of December 2024; that is 2.33 percent increase since the beginning of the trading day. The stock's lowest day price was 0.43. NEXE Innovations has about a 20 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. The performance scores are derived for the period starting the 16th of November 2024 and ending today, the 16th of December 2024. Click here to learn more.
Business Domain
Materials
Category
Consumer Cyclical
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. NEXE INNOVATIONS is traded on Commodity Exchange in Exotistan. The company has 97.29 M outstanding shares of which 16.72 K shares are now shorted by private and institutional investors with about 0.0 days to cover all short positions. More on NEXE Innovations

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Moving against NEXE Stock

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NEXE Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. NEXE Innovations' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding NEXE Innovations or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationPaper & Plastic Packaging Products & Materials, Packaging & Containers, Consumer Cyclical, Materials, Containers & Packaging, Packaging & Containers, Consumer Cyclical (View all Sectors)
NEXE Innovations' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to NEXE Innovations' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
NEXE Innovations can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand NEXE Innovations' financial leverage. It provides some insight into what part of NEXE Innovations' total assets is financed by creditors.
Liquidity
NEXE Innovations cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. NEXE Innovations has accumulated 319.45 K in total debt with debt to equity ratio (D/E) of 0.05, which may suggest the company is not taking enough advantage from borrowing. NEXE Innovations has a current ratio of 13.52, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist NEXE Innovations until it has trouble settling it off, either with new capital or with free cash flow. So, NEXE Innovations' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like NEXE Innovations sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NEXE to invest in growth at high rates of return. When we think about NEXE Innovations' use of debt, we should always consider it together with cash and equity.

Change To Operating Activities

(31,281.49)
NEXE Innovations (NEXE) is traded on TSX Venture Exchange in Canada and employs 5 people. NEXE Innovations is listed under Paper & Plastic Packaging Products & Materials category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 38.92 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate NEXE Innovations's market, we take the total number of its shares issued and multiply it by NEXE Innovations's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. NEXE Innovations operates under Containers & Packaging sector and is part of Materials industry. The entity has 97.29 M outstanding shares of which 16.72 K shares are now shorted by private and institutional investors with about 0.0 days to cover all short positions. NEXE Innovations has accumulated about 50.84 M in cash with (3.91 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.53, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check NEXE Innovations Probability Of Bankruptcy
Ownership Allocation
NEXE Innovations maintains a total of 97.29 Million outstanding shares. NEXE Innovations secures 14.62 % of its outstanding shares held by insiders and 1.23 % owned by institutional investors. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check NEXE Ownership Details

NEXE Innovations Risk Profiles

Although NEXE Innovations' alpha and beta are two of the key measurements used to evaluate NEXE Innovations' performance over the market, the standard measures of volatility play an important role as well.

NEXE Stock Against Markets

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NEXE Innovations Corporate Management

Elected by the shareholders, the NEXE Innovations' board of directors comprises two types of representatives: NEXE Innovations inside directors who are chosen from within the company, and outside directors, selected externally and held independent of NEXE. The board's role is to monitor NEXE Innovations' management team and ensure that shareholders' interests are well served. NEXE Innovations' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, NEXE Innovations' outside directors are responsible for providing unbiased perspectives on the board's policies.
Kam MangatVice StrategyProfile
Darren FootzCEO CoFounderProfile
Ashvani GuglaniPresident, CoFounderProfile
Zac BScChief OfficerProfile
Chris MurrayVice MarketingProfile

Additional Tools for NEXE Stock Analysis

When running NEXE Innovations' price analysis, check to measure NEXE Innovations' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NEXE Innovations is operating at the current time. Most of NEXE Innovations' value examination focuses on studying past and present price action to predict the probability of NEXE Innovations' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NEXE Innovations' price. Additionally, you may evaluate how the addition of NEXE Innovations to your portfolios can decrease your overall portfolio volatility.