Nano One Materials (TSX:NANO) Stock Price Crosses Above 50 Day Moving Average – Should You Sell?

Nano One Materials Corp. (TSX:NANO) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$0.89 and traded as high as C$0.96. Nano One Materials shares last traded at C$0.95, with a volume of 104,700 shares changing hands.

Nano One Materials Stock Down 2.1 %

The company has a quick ratio of 23.54, a current ratio of 23.85 and a debt-to-equity ratio of 2.79. The company has a market cap of C$88.56 million and a PE ratio of -8.38. The firm’s fifty day simple moving average is C$0.89 and its 200-day simple moving average is C$0.97.

Nano One Materials Company Profile

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.