NOVONIX (OTCMKTS:NVNXF) Trading Down 4.7% – Should You Sell?

Shares of NOVONIX Limited (OTCMKTS:NVNXFGet Free Report) dropped 4.7% during mid-day trading on Monday . The company traded as low as $0.26 and last traded at $0.26. Approximately 36,870 shares changed hands during mid-day trading, a decline of 65% from the average daily volume of 104,028 shares. The stock had previously closed at $0.27.

NOVONIX Stock Down 4.7 %

The stock’s 50 day moving average is $0.37 and its 200-day moving average is $0.43. The company has a quick ratio of 5.94, a current ratio of 6.15 and a debt-to-equity ratio of 0.44.

About NOVONIX

(Get Free Report)

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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