NOVONIX (OTCMKTS:NVNXF) Trading Up 2.6% – Should You Buy?

NOVONIX Limited (OTCMKTS:NVNXFGet Free Report)’s share price rose 2.6% on Tuesday . The company traded as high as $0.42 and last traded at $0.39. Approximately 290,112 shares traded hands during mid-day trading, an increase of 178% from the average daily volume of 104,300 shares. The stock had previously closed at $0.38.

NOVONIX Trading Up 2.6 %

The business’s fifty day simple moving average is $0.49 and its 200-day simple moving average is $0.45. The company has a current ratio of 6.15, a quick ratio of 5.94 and a debt-to-equity ratio of 0.44.

NOVONIX Company Profile

(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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