Nano One Materials (TSE:NANO) Hits New 1-Year Low – Should You Sell?

Nano One Materials Corp. (TSE:NANOGet Free Report) shares reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$0.67 and last traded at C$0.67, with a volume of 21097 shares. The stock had previously closed at C$0.69.

Nano One Materials Stock Performance

The company has a debt-to-equity ratio of 2.79, a quick ratio of 23.54 and a current ratio of 23.84. The company has a market capitalization of C$80.26 million, a price-to-earnings ratio of -5.15 and a beta of 0.18. The firm has a 50-day simple moving average of C$0.84 and a two-hundred day simple moving average of C$0.92.

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

Nano One Materials Company Profile

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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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