Shares of Nano Labs Ltd. Sponsored ADR (NASDAQ:NA - Get Free Report) fell 2% during trading on Monday . The company traded as low as $7.75 and last traded at $10.18. 181,180 shares changed hands during mid-day trading, an increase of 101% from the average session volume of 90,255 shares. The stock had previously closed at $10.39.
Nano Labs Stock Up 21.5%
The stock has a 50-day simple moving average of $5.62 and a 200 day simple moving average of $6.43. The company has a quick ratio of 1.61, a current ratio of 1.75 and a debt-to-equity ratio of 0.73.
Nano Labs Company Profile
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Nano Labs Ltd operates as a fabless integrated circuit design company and product solution provider in the People's Republic of China and internationally. It develops high throughput computing and high-performance computing chips. The company also offers distributed computing and storage solutions, smart network interface cards, and vision computing chips, as well as distributed rendering technology.
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