NOVONIX Limited Sponsored ADR (NASDAQ:NVX - Get Free Report) shot up 13.6% during trading on Monday . The stock traded as high as $2.39 and last traded at $2.25. 8,624,113 shares traded hands during mid-day trading, an increase of 33% from the average session volume of 6,493,529 shares. The stock had previously closed at $1.98.
Wall Street Analysts Forecast Growth
A number of analysts have issued reports on the stock. Wall Street Zen upgraded shares of NOVONIX to a "hold" rating in a research note on Friday, September 26th. Weiss Ratings restated a "sell (e+)" rating on shares of NOVONIX in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, NOVONIX currently has a consensus rating of "Sell".
Check Out Our Latest Research Report on NOVONIX
NOVONIX Stock Performance
The company has a current ratio of 0.93, a quick ratio of 0.90 and a debt-to-equity ratio of 0.27. The firm has a fifty day simple moving average of $1.54 and a 200 day simple moving average of $1.31.
About NOVONIX
(
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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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