Nano One Materials (TSX:NANO) Trading Up 8% – What’s Next?

Nano One Materials Corp. (TSX:NANOGet Free Report) rose 8% during trading on Monday . The company traded as high as C$0.94 and last traded at C$0.94. Approximately 46,700 shares traded hands during trading, a decline of 80% from the average daily volume of 237,080 shares. The stock had previously closed at C$0.87.

Nano One Materials Stock Performance

The company’s fifty day simple moving average is C$0.90 and its two-hundred day simple moving average is C$1.00. The company has a market capitalization of C$89.52 million and a price-to-earnings ratio of -8.47. The company has a debt-to-equity ratio of 2.79, a quick ratio of 23.54 and a current ratio of 23.85.

Nano One Materials Company Profile

(Get Free Report)

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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