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

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

NOVONIX Stock Performance

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

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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