NOVONIX Limited (OTCMKTS:NVNXF – Get Free Report)’s stock price was down 2.5% during mid-day trading on Monday . The stock traded as low as $0.2163 and last traded at $0.2339. Approximately 157,506 shares were traded during mid-day trading, an increase of 14% from the average daily volume of 138,164 shares. The stock had previously closed at $0.2398.
NOVONIX Price Performance
The business’s 50-day moving average price is $0.27 and its two-hundred day moving average price is $0.33. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.90 and a current ratio of 0.93.
NOVONIX Company Profile
NOVONIX is a Canada-based company that develops and manufactures advanced materials, equipment and services for the lithium-ion battery market. The company’s core business activities center on the production of ultra-high-purity synthetic graphite used in the anodes of electric vehicle (EV) batteries, as well as the design and fabrication of battery test systems. NOVONIX’s proprietary graphite purification technology aims to meet the stringent requirements of global automotive OEMs and battery manufacturers seeking improved energy density, cycle life and fast‐charging performance.
In addition to material production, NOVONIX offers an integrated suite of battery testing products and laboratory services.
Further Reading
- Five stocks we like better than NOVONIX
- Elon Musk already made me a “wealthy man”
- Unlocked: Elon Musk’s Next Big IPO
- Elon’s Secret AI Partner?
- Buffett, Gates and Bezos Quietly Dumping Stocks—Here’s Why
- ~$1.5T SpaceX IPO: Pre-IPO Opportunity
Receive News & Ratings for NOVONIX Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NOVONIX and related companies with MarketBeat.com's FREE daily email newsletter.
