NOVONIX (NASDAQ:NVX) Trading Down 0.8% – What’s Next?

NOVONIX Limited Sponsored ADR (NASDAQ:NVXGet Free Report) traded down 0.8% during mid-day trading on Friday . The company traded as low as $1.23 and last traded at $1.26. 168,198 shares were traded during trading, an increase of 29% from the average session volume of 130,472 shares. The stock had previously closed at $1.27.

NOVONIX Stock Performance

The company has a quick ratio of 1.21, a current ratio of 1.24 and a debt-to-equity ratio of 0.29. The company has a 50 day moving average of $1.32 and a 200 day moving average of $1.21.

About NOVONIX

(Get Free Report)

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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