Jackson Hole Capital Partners LLC Makes New Investment in NOVONIX Limited (NASDAQ:NVX)

Jackson Hole Capital Partners LLC acquired a new position in shares of NOVONIX Limited (NASDAQ:NVX) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 25,000 shares of the company’s stock, valued at approximately $45,000.

Separately, Jane Street Group LLC boosted its position in shares of NOVONIX by 103.5% in the third quarter. Jane Street Group LLC now owns 34,495 shares of the company’s stock valued at $63,000 after acquiring an additional 17,541 shares during the period. 0.06% of the stock is owned by hedge funds and other institutional investors.

NOVONIX Stock Performance

Shares of NOVONIX stock opened at $1.09 on Monday. The firm has a 50-day moving average of $1.53 and a 200-day moving average of $1.73. NOVONIX Limited has a 52-week low of $0.97 and a 52-week high of $3.10. The company has a debt-to-equity ratio of 0.44, a current ratio of 6.15 and a quick ratio of 5.94.

NOVONIX Company Profile

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.