Northann (NYSE:NCL) Trading Up 4.5% – What’s Next?

Northann Corp. (NYSE:NCLGet Free Report)’s share price shot up 4.5% on Thursday . The stock traded as high as $0.23 and last traded at $0.21. 18,059,161 shares traded hands during mid-day trading, an increase of 4,219% from the average session volume of 418,174 shares. The stock had previously closed at $0.20.

Northann Price Performance

The company has a market cap of $5.09 million and a P/E ratio of -0.57. The company’s 50-day moving average price is $0.18 and its 200-day moving average price is $0.26. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.53 and a quick ratio of 0.28.

Northann (NYSE:NCLGet Free Report) last released its quarterly earnings results on Wednesday, August 14th. The company reported ($0.04) earnings per share (EPS) for the quarter. The firm had revenue of $3.89 million during the quarter. Northann had a negative net margin of 49.80% and a negative return on equity of 6,763.31%.

Northann Company Profile

(Get Free Report)

Northann Corp. engages in the manufacture, wholesale, and retail of the 3D printed vinyl flooring panels and other decorative panels in North America, Europe, and internationally. The company offers its products under the Benchwick brand name. Northann Corp. was founded in 2013 and is based in Elk Grove, California.

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