Its valuation is considered undervalued, Institutional ownership is relatively high.Over the past month, multiple analysts have rated it as Strong Buy, with the highest price target at max_target_price.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
NOVONIX Ltd's Score
Industry at a Glance
Industry Ranking
136 / 192
Overall Ranking
510 / 4682
Industry
Machinery, Tools, Heavy Vehicles, Trains & Ships
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
1
analysts
Strong Buy
Current Rating
4.000
Target Price
+263.64%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
NOVONIX Ltd Highlights
StrengthsRisks
NOVONIX Limited is a battery materials and technology company. The Company manufactures battery cell testing equipment, is growing its high-performance synthetic graphite material manufacturing operations, and has developed a patented all-dry, zero-waste cathode synthesis process. The Company's segments include Battery Materials and Battery Technology. The Battery Materials segment develops and manufactures battery anode materials. The Battery Technology segment develops battery cell testing equipment, performs consulting services and carries out research and development in battery development (inclusive of cathode technology). The Company's Riverside facility, located in Chattanooga, Tennessee, is a production site focused on high-performance synthetic graphite for the battery sector in North America. The Company's battery technology solutions include battery testing equipment and research and development services. It provides ultra-high precision coulometry systems.
Growing
The company is in a growing phase, with the latest annual income totaling USD 5.85M.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 5.85M.
Undervalued
The company’s latest PE is -14.04, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 853.15K shares, decreasing 0.51% quarter-over-quarter.
NOVONIX Limited is a battery materials and technology company. The Company manufactures battery cell testing equipment, is growing its high-performance synthetic graphite material manufacturing operations, and has developed a patented all-dry, zero-waste cathode synthesis process. The Company's segments include Battery Materials and Battery Technology. The Battery Materials segment develops and manufactures battery anode materials. The Battery Technology segment develops battery cell testing equipment, performs consulting services and carries out research and development in battery development (inclusive of cathode technology). The Company's Riverside facility, located in Chattanooga, Tennessee, is a production site focused on high-performance synthetic graphite for the battery sector in North America. The Company's battery technology solutions include battery testing equipment and research and development services. It provides ultra-high precision coulometry systems.
Ticker SymbolNVX
CompanyNOVONIX Ltd
CEOOkronley (Michael)
Websitehttps://www.novonixgroup.com/
FAQs
What is the current price of NOVONIX Ltd (NVX)?
The current price of NOVONIX Ltd (NVX) is 1.090.
What is the symbol of NOVONIX Ltd?
The ticker symbol of NOVONIX Ltd is NVX.
What is the 52-week high of NOVONIX Ltd?
The 52-week high of NOVONIX Ltd is 3.860.
What is the 52-week low of NOVONIX Ltd?
The 52-week low of NOVONIX Ltd is 0.810.
What is the market capitalization of NOVONIX Ltd?
The market capitalization of NOVONIX Ltd is 693.46M.
What is the net income of NOVONIX Ltd?
The net income of NOVONIX Ltd is -74.82M.
Is NOVONIX Ltd (NVX) currently rated as Buy, Hold, or Sell?
According to analysts, NOVONIX Ltd (NVX) has an overall rating of --, with a price target of 4.000.
What is the Earnings Per Share (EPS TTM) of NOVONIX Ltd (NVX)?
The Earnings Per Share (EPS TTM) of NOVONIX Ltd (NVX) is -0.124.