Nano One Materials (TSE:NANO) Share Price Crosses Below Fifty Day Moving Average – Here’s What Happened

Nano One Materials Corp. (TSE:NANO)’s share price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.92 and traded as low as C$0.91. Nano One Materials shares last traded at C$0.95, with a volume of 84,790 shares trading hands.

Nano One Materials Price Performance

The stock has a market cap of C$113.69 million, a P/E ratio of -9.50 and a beta of 0.22. The company’s 50 day moving average price is C$0.92 and its 200-day moving average price is C$1.17. The company has a quick ratio of 23.54, a current ratio of 23.85 and a debt-to-equity ratio of 2.79.

Nano One Materials (TSE:NANO) last issued its quarterly earnings results on Wednesday, March 25th. The company reported C($0.03) EPS for the quarter.

Nano One Materials Company Profile

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.