Visionstate (CVE:VIS) Trading Down 20% – Time to Sell?

Visionstate Corp. (CVE:VISGet Free Report) dropped 20% on Friday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 204,400 shares were traded during mid-day trading, an increase of 31% from the average daily volume of 155,795 shares. The stock had previously closed at C$0.03.

Visionstate Trading Down 20.0%

The company has a debt-to-equity ratio of 86.71, a current ratio of 0.76 and a quick ratio of 0.17. The company’s 50 day moving average is C$0.02 and its two-hundred day moving average is C$0.03. The firm has a market cap of C$4.32 million, a P/E ratio of -2.00 and a beta of -1.85.

About Visionstate

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Visionstate Corp., through its subsidiaries, engages in the research and development of technology in the realm of the Internet of Things, big data and analytics, and sustainability. It offers WandaNEXT, a wall-mounted, antimicrobial, wireless touchscreen tablet that empowers patrons to immediately notify cleaning staff of specific restroom needs and Wanda Mobile, an analytic and diagnostic tool to monitor and audit the effectiveness of supply management, response times, and protocols.

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