Nano One Materials (TSX:NANO) Shares Pass Above 50-Day Moving Average – Here’s Why

Nano One Materials Corp. (TSX:NANOGet Free Report) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$0.89 and traded as high as C$0.96. Nano One Materials shares last traded at C$0.95, with a volume of 104,700 shares trading hands.

Nano One Materials Stock Down 2.1 %

The company’s 50 day moving average price is C$0.89 and its two-hundred day moving average price is C$0.97. The company has a current ratio of 23.85, a quick ratio of 23.54 and a debt-to-equity ratio of 2.79. The stock has a market cap of C$88.56 million and a P/E ratio of -8.38.

About Nano One Materials

(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.

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