Nano One Materials (TSX:NANO) Stock Passes Below 50 Day Moving Average – Should You Sell?

Nano One Materials Corp. (TSX:NANOGet Free Report)’s share price passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$1.06 and traded as low as C$0.85. Nano One Materials shares last traded at C$0.95, with a volume of 387,607 shares.

Nano One Materials Trading Down 1.1%

The company has a debt-to-equity ratio of 2.79, a quick ratio of 23.54 and a current ratio of 23.85. The stock’s fifty day moving average is C$1.06 and its 200 day moving average is C$1.24. The stock has a market cap of C$89.52 million and a P/E ratio of -8.47.

About Nano One Materials

(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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