NOVONIX (NASDAQ:NVX) Stock to Reverse Split on Thursday, August 27th

Posted by George Bondi on Aug 19th, 2026

Shares of NOVONIX Limited Sponsored ADR (NASDAQ:NVX – Free Report) are going to reverse split on Thursday, August 27th. The 1-10 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Wednesday, August 26th.

NOVONIX Trading Down 5.1%

NOVONIX stock opened at $0.42 on Wednesday. NOVONIX has a one year low of $0.37 and a one year high of $3.86. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.07 and a quick ratio of 1.04. The business has a fifty day moving average of $0.46 and a two-hundred day moving average of $0.66.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings cut NOVONIX from a “sell (d-)” rating to a “sell (e+)” rating in a report on Thursday, August 13th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has an average rating of “Sell”.

View Our Latest Report on NVX

Institutional Investors Weigh In On NOVONIX

A number of large investors have recently added to or reduced their stakes in the business. OLD Mission Capital LLC acquired a new position in NOVONIX during the fourth quarter worth about $32,000. Susquehanna International Group LLP purchased a new stake in shares of NOVONIX in the third quarter valued at about $65,000. XY Capital Ltd acquired a new stake in shares of NOVONIX in the fourth quarter valued at approximately $66,000. Virtu Financial LLC grew its position in shares of NOVONIX by 316.5% in the fourth quarter. Virtu Financial LLC now owns 76,137 shares of the company’s stock valued at $77,000 after purchasing an additional 57,859 shares during the last quarter. Finally, Bank of America Corp DE increased its stake in shares of NOVONIX by 335.1% during the 3rd quarter. Bank of America Corp DE now owns 72,972 shares of the company’s stock worth $93,000 after purchasing an additional 56,200 shares in the last quarter. 0.06% of the stock is owned by institutional investors and hedge funds.

NOVONIX Company Profile

(Get Free Report)

NOVONIX, trading under the NASDAQ ticker NVX, is a technology-driven company specializing in the development and production of advanced materials and testing solutions for the lithium-ion battery industry. The company’s primary focus lies in supplying high-purity synthetic graphite anode materials and delivering comprehensive battery testing services to original equipment manufacturers (OEMs), research institutions, and battery producers worldwide. NOVONIX operates through two core divisions: NOVONIX Materials & Technology, which produces battery-grade graphite, and NOVONIX Battery Testing Solutions, which offers hardware and software platforms designed to accelerate battery research and development.

The Materials & Technology business segment manufactures spherical synthetic graphite anode products that meet rigorous industry standards for performance, consistency, and scalability.