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Nano Labs (NASDAQ:NA) Shares Down 0.9% - Time to Sell?

Nano Labs logo with Computer and Technology background

Nano Labs Ltd (NASDAQ:NA - Get Free Report) shares fell 0.9% during mid-day trading on Friday . The stock traded as low as $3.66 and last traded at $3.67. 38,485 shares were traded during mid-day trading, a decline of 37% from the average session volume of 61,147 shares. The stock had previously closed at $3.70.

Nano Labs Stock Up 0.1%

The company has a debt-to-equity ratio of 7.31, a current ratio of 0.72 and a quick ratio of 0.67. The company has a 50-day simple moving average of $4.37 and a 200-day simple moving average of $6.25.

About Nano Labs

(Get Free Report)

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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