Nano One Materials (TSE:NANO) Stock Price Passes Below 50 Day Moving Average – Here’s Why

Shares of Nano One Materials Corp. (TSE:NANOGet Free Report) passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$0.92 and traded as low as C$0.77. Nano One Materials shares last traded at C$0.78, with a volume of 100,465 shares traded.

Nano One Materials Trading Down 2.5%

The company has a debt-to-equity ratio of 2.79, a current ratio of 23.84 and a quick ratio of 23.54. The stock’s 50-day moving average is C$0.92 and its two-hundred day moving average is C$0.99. The stock has a market cap of C$93.43 million, a P/E ratio of -6.00 and a beta of 0.17.

Nano One Materials (TSE:NANOGet Free Report) last announced its quarterly earnings results on Thursday, May 14th. The company reported C($0.01) earnings per share (EPS) for the quarter.

About Nano One Materials

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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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