Nano One Materials (TSX:NANO) Shares Pass Below Fifty Day Moving Average – Here’s Why

Shares of Nano One Materials Corp. (TSX:NANOGet Free Report) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$0.74 and traded as low as C$0.61. Nano One Materials shares last traded at C$0.65, with a volume of 53,036 shares trading hands.

Nano One Materials Price Performance

The company’s 50-day moving average is C$0.74 and its two-hundred day moving average is C$0.85. The firm has a market cap of C$62.85 million and a P/E ratio of -5.95. The company has a debt-to-equity ratio of 2.79, a current ratio of 23.85 and a quick ratio of 23.54.

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.

Featured Articles

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