NOVONIX Limited (NASDAQ:NVX - Get Free Report)'s stock price was up 6.1% during trading on Thursday . The stock traded as high as $1.93 and last traded at $1.91. Approximately 112,340 shares traded hands during trading, an increase of 34% from the average daily volume of 83,624 shares. The stock had previously closed at $1.80.
NOVONIX Stock Performance
The company has a current ratio of 6.15, a quick ratio of 5.94 and a debt-to-equity ratio of 0.44. The stock's fifty day simple moving average is $1.89 and its two-hundred day simple moving average is $1.81.
Hedge Funds Weigh In On NOVONIX
A hedge fund recently raised its stake in NOVONIX stock. Jane Street Group LLC increased its holdings in shares of NOVONIX Limited (NASDAQ:NVX - Free Report) by 103.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 34,495 shares of the company's stock after acquiring an additional 17,541 shares during the quarter. Jane Street Group LLC's holdings in NOVONIX were worth $63,000 as of its most recent SEC filing. 0.06% of the stock is currently owned by hedge funds and other institutional investors.
NOVONIX Company Profile
(
Get Free Report)
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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