Nano One Materials (TSX:NANO) Shares Cross Below 50 Day Moving Average – Time to Sell?

Nano One Materials Corp. (TSX:NANOGet Free Report)’s share price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.87 and traded as low as C$0.74. Nano One Materials shares last traded at C$0.77, with a volume of 88,923 shares changing hands.

Nano One Materials Trading Up 1.3 %

The company has a market capitalization of C$74.28 million and a P/E ratio of -7.03. The business has a fifty day moving average price of C$0.87 and a 200 day moving average price of C$0.90. The company has a quick ratio of 23.54, a current ratio of 23.85 and a debt-to-equity ratio of 2.79.

About Nano One Materials

(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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