NOVONIX (OTCMKTS:NVNXF) Shares Down 2.6% – Here’s Why

NOVONIX Limited (OTCMKTS:NVNXFGet Free Report) shares traded down 2.6% on Friday . The company traded as low as $0.42 and last traded at $0.46. 46,189 shares were traded during mid-day trading, a decline of 53% from the average session volume of 97,334 shares. The stock had previously closed at $0.47.

NOVONIX Price Performance

The stock’s 50-day simple moving average is $0.45 and its two-hundred day simple moving average is $0.47. The company has a debt-to-equity ratio of 0.44, a current ratio of 6.15 and a quick ratio of 5.94.

NOVONIX Company Profile

(Get Free Report)

NOVONIX Limited provides battery materials and development technology for battery manufacturers, materials companies, automotive original equipment manufacturers (OEMs), and consumer electronics manufacturers in North America, Asia, Australia, and Europe. It operates through Battery Materials and Battery Technology segments.

Further Reading

Receive News & Ratings for NOVONIX Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NOVONIX and related companies with MarketBeat.com's FREE daily email newsletter.