Nano One Materials (TSX:NANO) Shares Cross Below 50 Day Moving Average – Should You Sell?

Nano One Materials Corp. (TSX:NANOGet Free Report)’s share price passed 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 changing hands.

Nano One Materials Stock Up 13.8 %

The company has a debt-to-equity ratio of 2.79, a quick ratio of 23.54 and a current ratio of 23.85. The stock has a market capitalization of C$62.85 million and a P/E ratio of -5.95. The stock’s fifty day simple moving average is C$0.79 and its two-hundred day simple moving average is C$0.86.

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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