Nano One Materials (TSE:NANO) Stock Price Crosses Below 50 Day Moving Average – Should You Sell?

Shares of Nano One Materials Corp. (TSE:NANO) crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$0.94 and traded as low as C$0.82. Nano One Materials shares last traded at C$0.86, with a volume of 111,280 shares traded.

Nano One Materials Price Performance

The company has a current ratio of 23.85, a quick ratio of 23.54 and a debt-to-equity ratio of 2.79. The stock has a market capitalization of C$101.88 million, a P/E ratio of -8.60 and a beta of 0.24. The company has a fifty day simple moving average of C$0.94 and a two-hundred day simple moving average of C$1.22.

Nano One Materials (TSE:NANO) last issued its earnings results on Wednesday, March 25th. The company reported C($0.03) earnings per share (EPS) for the quarter.

About Nano One Materials

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.