Nano One Materials (TSX:NANO) Stock Price Down 7.4% – Here’s What Happened

Shares of Nano One Materials Corp. (TSX:NANOGet Free Report) traded down 7.4% on Monday . The company traded as low as C$0.86 and last traded at C$0.87. 113,218 shares were traded during trading, a decline of 52% from the average session volume of 237,080 shares. The stock had previously closed at C$0.94.

Nano One Materials Stock Performance

The firm has a market cap of C$82.85 million and a P/E ratio of -7.84. The business’s 50 day moving average is C$0.95 and its 200-day moving average is C$1.08. The company has a quick ratio of 23.54, a current ratio of 23.85 and a debt-to-equity ratio of 2.79.

Nano One Materials Company Profile

(Get Free Report)

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.

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