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

Nano One Materials Corp. (TSX:NANOGet Free Report) shares passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$0.87 and traded as low as C$0.74. Nano One Materials shares last traded at C$0.77, with a volume of 88,923 shares changing hands.

Nano One Materials Stock Up 1.3 %

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 firm has a market cap of C$74.28 million and a P/E ratio of -7.03. The stock’s 50-day simple moving average is C$0.87 and its 200 day simple moving average is C$0.90.

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.

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