Nano One Materials (TSE:NANO) Shares Cross Above Fifty Day Moving Average – What’s Next?

Nano One Materials Corp. (TSE:NANOGet Free Report)’s share price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$0.77 and traded as high as C$0.80. Nano One Materials shares last traded at C$0.80, with a volume of 56,903 shares.

Nano One Materials Stock Up 8.1%

The firm has a fifty day simple moving average of C$0.77 and a 200-day simple moving average of C$0.88. The company has a market capitalization of C$95.83 million, a P/E ratio of -6.15 and a beta of 0.14. The company has a quick ratio of 23.54, a current ratio of 23.84 and a debt-to-equity ratio of 2.79.

Nano One Materials (TSE:NANOGet Free Report) last issued its quarterly earnings results on Thursday, May 14th. The company reported C($0.01) EPS for the quarter.

Nano One Materials Company Profile

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Nano One® Materials Corp. (Nano One) is a process technology company changing how cathode active materials (CAMs) are produced for lithium-ion batteries. Nano One’s platform is built on a portfolio of patented processes, decades of manufacturing know-how and modular plant designs that enable scalable, cost-competitive and easier-to-permit CAM production with resilient supply chains. The technology eliminates wastewater and byproducts while enabling regionally sourced raw materials and reducing exposure to foreign supply chain volatility.

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