NVX Stock Summary and Trading Ideas (Novonix Limited - American Depository Shares | NASDAQ:NVX)

NOVONIX Ltd operates in the lithium-ion battery industry. The company has three operating segments namely Graphite Exploration, Battery Technology, and Battery Materials. Graphite Exploration segment is engaged in the exploration and development of high-grade flake graphite deposits. The Battery Technology segment develops battery cell testing equipment and carries out research and development in battery development. The Battery Materials segment develops and manufactures battery anode materials. The Battery Technology segment generates maximum revenue for the company.

Novonix Limited - American Depository Shares trades on the NASDAQ stock market under the symbol NVX.

As of December 31, 2025, NVX stock price declined to $1.01 with 1,108,870 million shares trading.

NVX has a beta of 0.58, meaning it tends to be less sensitive to market movements. NVX has a correlation of 0.01 to the broad based SPY ETF.

NVX has a market cap of $212.12 million. This is considered a Small Cap stock.

In the last 3 years, NVX traded as high as $5.72 and as low as $.81.

The top ETF exchange traded funds that NVX belongs to (by Net Assets): CCSO.

NVX has underperformed the market in the last year with a price return of -43.9% while the SPY ETF gained +17.2%. NVX has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -21.1% and 0.0%, respectively, while the SPY returned +2.7% and +0.7%, respectively.

NVX support price is $.99 and resistance is $1.07 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NVX shares will trade within this expected range on the day.