Nano One Materials (TSX:NANO) Stock Price Crosses Below 50 Day Moving Average – Here’s Why

Nano One Materials Corp. (TSX:NANOGet Free Report) crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.79 and traded as low as C$0.57. Nano One Materials shares last traded at C$0.58, with a volume of 125,509 shares traded.

Nano One Materials Stock Performance

The company has a quick ratio of 23.54, a current ratio of 23.85 and a debt-to-equity ratio of 2.79. The business has a 50 day moving average price of C$0.79 and a two-hundred day moving average price of C$0.86. The stock has a market cap of C$62.85 million and a P/E ratio of -5.95.

Nano One Materials Company Profile

(Get Free Report)

Nano One Materials Corp. produces cathode active materials for lithium-ion battery applications in electric vehicles, energy storage systems, and consumer electronics. The company was incorporated in 1987 and is headquartered in Burnaby, Canada.

Further Reading

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