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

Nano One Materials Corp. (TSX:NANOGet Free Report) crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$0.82 and traded as low as C$0.65. Nano One Materials shares last traded at C$0.68, with a volume of 74,806 shares.

Nano One Materials Stock Performance

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’s 50 day moving average is C$0.82 and its two-hundred day moving average is C$0.87. The stock has a market capitalization of C$62.85 million and a price-to-earnings ratio of -5.95.

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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