Nano One Materials Stock Today

NANO Stock   0.81  0.02  2.41%   

Performance

3 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 27

 
High
 
Low
Below Average
Nano One is selling at 0.81 as of the 26th of November 2024; that is 2.41% down since the beginning of the trading day. The stock's open price was 0.83. Nano One has about a 27 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Nano One Materials are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of October 2024 and ending today, the 26th of November 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Nano One is entity of Canada. It is traded as Stock on TO exchange. The company has 111.35 M outstanding shares of which 188.43 K shares are now shorted by private and institutional investors with about 2.11 days to cover all short positions. More on Nano One Materials

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Nano Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Nano One's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Nano One or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic IdeaPlastics (View all Themes)
Business ConcentrationSpecialty Chemicals, Basic Materials, Plastics, Materials, Chemicals, Specialty Chemicals, Basic Materials (View all Sectors)
Nano One's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Nano One's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Nano One can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Nano One's financial leverage. It provides some insight into what part of Nano One's total assets is financed by creditors.
Liquidity
Nano One cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Nano One Materials has accumulated 1.72 M in total debt. Debt can assist Nano One until it has trouble settling it off, either with new capital or with free cash flow. So, Nano One's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Nano One Materials sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nano to invest in growth at high rates of return. When we think about Nano One's use of debt, we should always consider it together with cash and equity.

Other Non Cash Items

4.07 Million
Nano One Materials (NANO) is traded on Toronto Exchange in Canada and employs 132 people. Nano One is listed under Specialty Chemicals category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 92.42 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Nano One's market, we take the total number of its shares issued and multiply it by Nano One's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Nano One Materials operates under Chemicals sector and is part of Materials industry. The entity has 111.35 M outstanding shares of which 188.43 K shares are now shorted by private and institutional investors with about 2.11 days to cover all short positions. Nano One Materials has accumulated about 52.65 M in cash with (25.4 M) of positive cash flow from operations.
Check Nano One Probability Of Bankruptcy
Ownership Allocation
Nano One Materials maintains a total of 111.35 Million outstanding shares. Nano One Materials secures 4.62 % of its outstanding shares held by insiders and 9.22 % owned by institutional investors. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Nano Ownership Details

Nano One Materials Risk Profiles

Although Nano One's alpha and beta are two of the key measurements used to evaluate Nano One's performance over the market, the standard measures of volatility play an important role as well.

Nano Stock Against Markets

Be your own money manager

Our tools can tell you how much better you can do entering a position in Nano One without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Analyst Advice

Analyst recommendations and target price estimates broken down by several categories
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Nano One Corporate Management

Elected by the shareholders, the Nano One's board of directors comprises two types of representatives: Nano One inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Nano. The board's role is to monitor Nano One's management team and ensure that shareholders' interests are well served. Nano One's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Nano One's outside directors are responsible for providing unbiased perspectives on the board's policies.
Dan BlondalCEO FounderProfile
Paul GuedesDirector MarketsProfile
CFA MSCChief OfficerProfile
Pierre ThibodeauSenior ManagerProfile
Adam JohnsonSenior AffairsProfile
CHRP BASenior CultureProfile

Other Information on Investing in Nano Stock

Nano One financial ratios help investors to determine whether Nano Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nano with respect to the benefits of owning Nano One security.