NOVONIX Limited (NASDAQ:NVX - Get Free Report)'s stock price dropped 4.1% on Monday . The stock traded as low as $0.95 and last traded at $0.97. Approximately 191,447 shares changed hands during trading, an increase of 85% from the average daily volume of 103,296 shares. The stock had previously closed at $1.01.
NOVONIX Trading Down 2.2 %
The company has a quick ratio of 5.94, a current ratio of 6.15 and a debt-to-equity ratio of 0.44. The business has a fifty day simple moving average of $1.20 and a 200 day simple moving average of $1.64.
Institutional Trading of NOVONIX
A number of institutional investors have recently bought and sold shares of the business. Quinn Opportunity Partners LLC bought a new position in NOVONIX during the 4th quarter worth $99,000. Jackson Hole Capital Partners LLC acquired a new stake in NOVONIX during the fourth quarter worth about $45,000. Jane Street Group LLC increased its holdings in NOVONIX by 103.5% in the 3rd quarter. Jane Street Group LLC now owns 34,495 shares of the company's stock valued at $63,000 after buying an additional 17,541 shares during the period. Finally, Two Sigma Securities LLC bought a new stake in shares of NOVONIX during the 4th quarter worth approximately $28,000. Institutional investors own 0.06% of the company's stock.
NOVONIX Company Profile
(
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NOVONIX Limited provides battery materials and development technology for battery manufacturers, materials companies, automotive original equipment manufacturers (OEMs), and consumer electronics manufacturers in North America, Asia, Australia, and Europe. It operates through Battery Materials and Battery Technology segments.
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