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

Nano One Materials Corp. (TSE:NANOGet Free Report)’s share price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$0.75 and traded as high as C$0.83. Nano One Materials shares last traded at C$0.82, with a volume of 42,143 shares traded.

Nano One Materials Trading Up 3.8%

The firm’s 50-day simple moving average is C$0.75 and its 200-day simple moving average is C$0.87. The company has a quick ratio of 23.54, a current ratio of 23.84 and a debt-to-equity ratio of 2.79. The firm has a market capitalization of C$98.23 million, a PE ratio of -6.31 and a beta of 0.14.

Nano One Materials (TSE:NANOGet Free Report) last released its quarterly earnings data on Wednesday, August 12th. The company reported C($0.04) EPS for the quarter.

About Nano One Materials

(Get Free Report)

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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