Northann (NYSE:NCL) Shares Down 12.8%

Northann Corp. (NYSE:NCLGet Free Report)’s share price dropped 12.8% during trading on Thursday . The company traded as low as $0.17 and last traded at $0.17. Approximately 500,200 shares traded hands during trading, an increase of 30% from the average daily volume of 384,669 shares. The stock had previously closed at $0.20.

Northann Price Performance

The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.28 and a current ratio of 0.51. The business has a 50 day moving average of $0.23 and a 200 day moving average of $0.42.

Northann (NYSE:NCLGet Free Report) last announced its quarterly earnings data on Wednesday, August 14th. The company reported ($0.04) EPS for the quarter. The company had revenue of $3.89 million during the quarter.

About Northann

(Get Free Report)

Northann Corp. engages in the manufacture, wholesale, and retail of the 3D printed vinyl flooring panels and other decorative panels in North America, Europe, and internationally. The company offers its products under the Benchwick brand name. Northann Corp. was founded in 2013 and is based in Elk Grove, California.

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