Nanosonics (ASX:NAN) Stock Price Down 1.1%

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Nanosonics Ltd. (ASX:NAN) dropped 1.1% during mid-day trading on Wednesday . The company traded as low as A$6.33 ($4.49) and last traded at A$6.46 ($4.58), approximately 1,476,504 shares changed hands during mid-day trading. The stock had previously closed at A$6.53 ($4.63).

The company has a market cap of $1.94 billion and a PE ratio of 143.56. The company has a quick ratio of 5.77, a current ratio of 6.81 and a debt-to-equity ratio of 0.47. The business has a 50-day simple moving average of A$6.87 and a 200-day simple moving average of A$5.69.

About Nanosonics (ASX:NAN)

Nanosonics Limited, together with its subsidiaries, engages in the research, development, and commercialization of infection control and decontamination products and related technologies. The company manufactures and distributes the trophon EPR ultrasound probe disinfector for use in the treatment of healthcare acquired infections.

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