NOVONIX (OTCMKTS:NVNXF) Shares Down 8% – Here’s What Happened

Shares of NOVONIX Limited (OTCMKTS:NVNXFGet Free Report) traded down 8% on Wednesday . The stock traded as low as $0.45 and last traded at $0.46. 27,929 shares were traded during trading, a decline of 71% from the average session volume of 95,086 shares. The stock had previously closed at $0.50.

NOVONIX Stock Performance

The stock’s fifty day simple moving average is $0.46 and its two-hundred day simple moving average is $0.45. The company has a current ratio of 6.15, a quick ratio of 5.94 and a debt-to-equity ratio of 0.44.

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.

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