Nano One Materials (TSE:NANO) Shares Cross Below Fifty Day Moving Average – Here’s What Happened

Nano One Materials Corp. (TSE:NANO)’s share price crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$0.94 and traded as low as C$0.82. Nano One Materials shares last traded at C$0.86, with a volume of 111,280 shares trading hands.

Nano One Materials Stock Performance

The company has a current ratio of 23.85, a quick ratio of 23.54 and a debt-to-equity ratio of 2.79. The company has a market cap of C$101.88 million, a price-to-earnings ratio of -8.60 and a beta of 0.24. The stock has a 50 day moving average price of C$0.94 and a two-hundred day moving average price of C$1.22.

Nano One Materials (TSE:NANO) last announced its quarterly earnings data on Wednesday, March 25th. The company reported C($0.03) EPS for the quarter.

About Nano One Materials

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.