NOVONIX Limited (OTCMKTS:NVNXF – Get Free Report) shares dropped 2.1% during trading on Thursday . The company traded as low as $0.52 and last traded at $0.55. Approximately 5,835 shares traded hands during mid-day trading, a decline of 93% from the average daily volume of 85,701 shares. The stock had previously closed at $0.56.
NOVONIX Price Performance
The company has a quick ratio of 11.12, a current ratio of 11.37 and a debt-to-equity ratio of 0.37. The stock has a 50 day moving average price of $0.60 and a 200 day moving average price of $0.50.
About NOVONIX
NOVONIX Limited provides battery materials and development technology for battery manufacturers, materials companies, automotive original equipment manufacturers (OEMs), and consumer electronics manufacturers in North America, Asia, Australia, and Europe. It operates through Battery Materials and Battery Technology segments.
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