Nanalysis Scientific (CVE:NSCI) Trading Down 19.6% – Here’s Why

Shares of Nanalysis Scientific Corp. (CVE:NSCIGet Free Report) dropped 19.6% during trading on Saturday . The stock traded as low as C$0.18 and last traded at C$0.19. Approximately 802,183 shares were traded during trading, an increase of 866% from the average daily volume of 83,002 shares. The stock had previously closed at C$0.23.

Nanalysis Scientific Trading Down 19.6%

The firm has a market capitalization of C$20.95 million, a price-to-earnings ratio of -1.68 and a beta of -0.75. The firm’s 50 day moving average is C$0.24 and its 200 day moving average is C$0.27. The company has a quick ratio of 1.11, a current ratio of 1.42 and a debt-to-equity ratio of 71.72.

About Nanalysis Scientific

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Nanalysis Scientific Corp. engages in the development, manufacture, and sale of magnetic resonance products in the United States, Canada, Europe, Asia, and internationally. The company operates through four segments: Nanalysis, RS2D, K'Prime, and Corporate. It offers nuclear magnetic resonance (NMR) spectrometers; software module packages; cutting-edge electronics components for precision analytical instruments; and services for its NMR technologies.

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