NOVONIX (OTCMKTS:NVNXF) Stock Price Down 3.2% – Here’s What Happened

Shares of NOVONIX Limited (OTCMKTS:NVNXFGet Free Report) dropped 3.2% during trading on Thursday . The company traded as low as $0.34 and last traded at $0.34. Approximately 122,040 shares changed hands during trading, an increase of 4% from the average daily volume of 116,794 shares. The stock had previously closed at $0.35.

NOVONIX Stock Performance

The firm has a 50-day moving average of $0.43 and a two-hundred day moving average of $0.44. The company has a debt-to-equity ratio of 0.44, a current ratio of 6.15 and a quick ratio of 5.94.

About NOVONIX

(Get Free Report)

NOVONIX Limited provides battery materials and development technology for battery manufacturers, materials companies, automotive original equipment manufacturers (OEMs), and consumer electronics manufacturers in North America, Asia, Australia, and Europe. It operates through Battery Materials and Battery Technology segments.

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