Northann Corp. (NYSE:NCL – Get Free Report)’s share price dropped 2% during trading on Thursday . The company traded as low as $0.24 and last traded at $0.24. Approximately 160,156 shares were traded during mid-day trading, a decline of 48% from the average daily volume of 306,471 shares. The stock had previously closed at $0.25.
Northann Stock Down 8.4 %
The company has a debt-to-equity ratio of 0.09, a current ratio of 0.53 and a quick ratio of 0.19. The business has a 50 day moving average price of $0.28 and a 200 day moving average price of $0.23. The firm has a market capitalization of $7.56 million, a P/E ratio of -1.10 and a beta of -0.97.
About Northann
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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