Northann (NYSE:NCL) Shares Down 2% – Here’s What Happened

Shares of Northann Corp. (NYSE:NCLGet Free Report) traded down 2% during mid-day trading on Thursday . The company traded as low as $0.24 and last traded at $0.24. 160,156 shares traded hands during trading, a decline of 48% from the average session volume of 306,471 shares. The stock had previously closed at $0.25.

Northann Stock Performance

The company has a market cap of $8.25 million, a P/E ratio of -1.20 and a beta of -0.97. The company has a quick ratio of 0.19, a current ratio of 0.53 and a debt-to-equity ratio of 0.09. The company has a 50 day moving average price of $0.28 and a 200-day moving average price of $0.23.

About Northann

(Get Free Report)

Northann Corp. engages in the manufacture, wholesale, and retail of the 3D printed vinyl flooring panels and other decorative panels in North America, Europe, and internationally. The company offers its products under the Benchwick brand name. Northann Corp. was founded in 2013 and is based in Elk Grove, California.

Further Reading

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