Nano One Materials (TSX:NANO) Stock Passes Below 50-Day Moving Average of $0.97

Nano One Materials Corp. (TSX:NANOGet Free Report) shares crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.97 and traded as low as C$0.70. Nano One Materials shares last traded at C$0.71, with a volume of 228,537 shares traded.

Nano One Materials Stock Performance

The firm’s 50 day simple moving average is C$0.97 and its 200 day simple moving average is C$1.45. The firm has a market capitalization of C$67.61 million and a price-to-earnings ratio of -6.40. The company has a debt-to-equity ratio of 2.79, a quick ratio of 23.54 and a current ratio of 23.85.

About Nano One Materials

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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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