Axion Ventures Inc (CVE:AXV) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.41 and last traded at C$0.41, with a volume of 13500 shares trading hands. The stock had previously closed at C$0.46.
Separately, Haywood Securities reduced their target price on shares of Axion Ventures from C$1.60 to C$1.25 in a research note on Wednesday, August 7th.
The company has a market cap of $132.32 million and a P/E ratio of -8.70. The company has a current ratio of 0.35, a quick ratio of 0.34 and a debt-to-equity ratio of 12,860.00. The firm’s 50 day moving average price is C$0.67 and its 200-day moving average price is C$0.90.
Axion Ventures Inc primarily develops and publishes online games for various platforms, consoles, PCs, and mobiles in China and internationally. The company also develops display technology based on eyewear and contact lenses; and HotNow, a marketing automation platform for retailers to offer various promotions.
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