Nano One Materials (TSX:NANO) Stock Passes Below Fifty Day Moving Average – Time to Sell?

Nano One Materials Corp. (TSX:NANOGet Free Report)’s share price passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$1.02 and traded as low as C$0.87. Nano One Materials shares last traded at C$0.89, with a volume of 138,076 shares trading hands.

Nano One Materials Price 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 company has a market capitalization of C$84.76 million and a price-to-earnings ratio of -8.02. The stock’s 50-day simple moving average is C$1.02 and its two-hundred day simple moving average is C$1.24.

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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