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Nano One Materials (TSX:NANO) Stock Crosses Below 50 Day Moving Average - What's Next?

Nano One Materials logo with Basic Materials background

Nano One Materials Corp. (TSX:NANO - Get Free Report) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$0.87 and traded as low as C$0.74. Nano One Materials shares last traded at C$0.77, with a volume of 88,923 shares trading hands.

Nano One Materials Trading Up 1.3 %

The company has a debt-to-equity ratio of 2.79, a quick ratio of 23.54 and a current ratio of 23.85. The firm has a market capitalization of C$75.23 million and a price-to-earnings ratio of -7.12. The business has a fifty day moving average price of C$0.86 and a 200 day moving average price of C$0.89.

About Nano One Materials

(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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