ASX:NVXElectronic
Assessing NOVONIX’s Valuation After Share Price Gains And Ongoing Push Toward Profitability
What is drawing attention to NOVONIX right now?
Recent interest in NOVONIX (ASX:NVX) is tied to share price gains that investors are linking to its ongoing revenue growth and execution of long term plans, while the company continues working toward profitability.
See our latest analysis for NOVONIX.
The recent enthusiasm follows a sharp 22.6% 7-day share price return and a 21.2% 30-day share price return to A$0.515. However, the 1-year total shareholder return remains a 29.5% loss and the...