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NOVONIX (OTCMKTS:NVNXF) Trading Down 3.2% - Should You Sell?

NOVONIX logo with Computer and Technology background

NOVONIX Limited (OTCMKTS:NVNXF - Get Free Report)'s stock price dropped 3.2% during trading on Monday . The company traded as low as $0.24 and last traded at $0.26. Approximately 49,259 shares were traded during mid-day trading, a decline of 49% from the average daily volume of 97,149 shares. The stock had previously closed at $0.27.

NOVONIX Stock Up 0.5 %

The company has a 50-day moving average of $0.28 and a 200 day moving average of $0.39. The company has a debt-to-equity ratio of 0.44, a current ratio of 6.15 and a quick ratio of 5.94.

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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