NOVONIX (OTCMKTS:NVNXF) Shares Up 35.4% – Here’s What Happened

NOVONIX Limited (OTCMKTS:NVNXFGet Free Report) was up 35.4% during mid-day trading on Monday . The company traded as high as $0.65 and last traded at $0.64. Approximately 393,390 shares changed hands during mid-day trading, an increase of 303% from the average daily volume of 97,614 shares. The stock had previously closed at $0.47.

NOVONIX Stock Performance

The company has a debt-to-equity ratio of 0.44, a quick ratio of 5.94 and a current ratio of 6.15. The stock has a 50 day simple moving average of $0.49 and a 200 day simple moving average of $0.46.

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.

Further Reading

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