Nano One Materials (TSE:NANO) Stock Crosses Below 50-Day Moving Average – Here’s Why

Nano One Materials Corp. (TSE:NANOGet Free Report)’s stock price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$0.79 and traded as low as C$0.66. Nano One Materials shares last traded at C$0.69, with a volume of 228,712 shares trading hands.

Nano One Materials Price Performance

The company has a current ratio of 23.84, a quick ratio of 23.54 and a debt-to-equity ratio of 2.79. The firm has a market cap of C$85.05 million, a PE ratio of -5.46 and a beta of 0.18. The business has a fifty day moving average of C$0.78 and a 200-day moving average of C$0.89.

Nano One Materials (TSE:NANOGet Free Report) last announced its quarterly earnings results on Thursday, May 14th. The company reported C($0.01) earnings per share (EPS) for the quarter.

About Nano One Materials

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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.

Further Reading

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