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

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 1.3%

The company has a debt-to-equity ratio of 2.79, a current ratio of 23.85 and a quick ratio of 23.54. The business has a 50-day simple moving average of C$0.92 and a two-hundred day simple moving average of C$1.00. The stock has a market cap of C$93.43 million, a price-to-earnings ratio of -6.00 and a beta of 0.17.

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

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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