Nanalysis Scientific (CVE:NSCI) Shares Down 12.1% – Here’s What Happened

Nanalysis Scientific Corp. (CVE:NSCI)’s stock price was down 12.1% during trading on Monday . The stock traded as low as C$0.15 and last traded at C$0.15. Approximately 274,264 shares changed hands during mid-day trading, an increase of 203% from the average daily volume of 90,466 shares. The stock had previously closed at C$0.17.

Nanalysis Scientific Price Performance

The company’s 50-day moving average price is C$0.18 and its two-hundred day moving average price is C$0.22. The company has a debt-to-equity ratio of 71.72, a current ratio of 1.42 and a quick ratio of 1.11. The company has a market capitalization of C$17.22 million, a P/E ratio of -1.50 and a beta of -0.91.

About Nanalysis Scientific

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.