Nano Labs (NASDAQ:NA) Trading 0.4% Higher – Should You Buy?

Nano Labs Ltd (NASDAQ:NAGet Free Report) shot up 0.4% during mid-day trading on Wednesday . The company traded as high as $4.23 and last traded at $4.12. 5,466 shares were traded during mid-day trading, a decline of 93% from the average session volume of 81,041 shares. The stock had previously closed at $4.10.

Nano Labs Trading Down 2.9 %

The company has a current ratio of 0.72, a quick ratio of 0.67 and a debt-to-equity ratio of 7.31. The firm has a fifty day simple moving average of $5.46 and a 200 day simple moving average of $6.79.

Nano Labs Company Profile

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Nano Labs Ltd operates as a fabless integrated circuit design company and product solution provider in the People's Republic of China and internationally. It develops high throughput computing and high-performance computing chips. The company also offers distributed computing and storage solutions, smart network interface cards, and vision computing chips, as well as distributed rendering technology.

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