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Visionstate shares surged 25% to C$0.03 on higher volume, though the cause was unexplained.
Visionstate (CVE:VIS) shares jumped 25% on Thursday, closing at C$0.03, driven by higher-than-average trading volume of 316,000 shares.
The rise followed the stock’s 50-day and 200-day moving averages at C$0.02, with a market cap of C$6.46 million.
The company, focused on IoT, big data, and sustainability, offers products like WandaNEXT and Wanda Mobile for facility monitoring.
Financial metrics include a negative P/E ratio, high debt-to-equity ratio, and low liquidity ratios.
The reason for the price surge was not disclosed.
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Las acciones de Visionstate aumentaron un 25% a C $ 0.03 en mayor volumen, aunque la causa fue inexplicable.