Nanalysis Scientific (CVE:NSCI) Shares Down 1.6% – Here’s Why

Nanalysis Scientific Corp. (CVE:NSCIGet Free Report)’s stock price dropped 1.6% during mid-day trading on Tuesday . The company traded as low as C$0.30 and last traded at C$0.30. Approximately 38,229 shares traded hands during mid-day trading, a decline of 40% from the average daily volume of 64,123 shares. The stock had previously closed at C$0.31.

Nanalysis Scientific Price Performance

The business’s 50 day moving average is C$0.32 and its 200-day moving average is C$0.35. The firm has a market capitalization of C$33.92 million, a P/E ratio of -2.50 and a beta of 0.72. The company has a quick ratio of 1.11, a current ratio of 1.42 and a debt-to-equity ratio of 71.72.

About Nanalysis Scientific

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Nanalysis Scientific Corp. engages in the development, manufacture, and sale of magnetic resonance products in the United States, Canada, Europe, Asia, and internationally. The company operates through four segments: Nanalysis, RS2D, K'Prime, and Corporate. It offers nuclear magnetic resonance (NMR) spectrometers; software module packages; cutting-edge electronics components for precision analytical instruments; and services for its NMR technologies.

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