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Nano One Materials (TSX:NANO) Shares Cross Below 50-Day Moving Average - Should You Sell?

Nano One Materials logo with Basic Materials background

Nano One Materials Corp. (TSX:NANO - Get Free Report) crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.69 and traded as low as C$0.65. Nano One Materials shares last traded at C$0.68, with a volume of 32,476 shares trading hands.

Nano One Materials Stock Down 1.6 %

The stock has a market cap of C$60.00 million and a PE ratio of -5.68. The business has a 50 day moving average price of C$0.68 and a 200 day moving average price of C$0.84. The company has a quick ratio of 23.54, a current ratio of 23.85 and a debt-to-equity ratio of 2.79.

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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