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

NOVONIX Ltd is a battery technology company developing and scaling materials and equipment critical to the lithium-ion battery supply chain. The company has three operating segments: Battery Materials: It develops and manufactures battery anode materials, ii) Battery Technology: It develops and manufactures battery cell testing equipment, performs consulting services and carries out research and development in battery development, and Graphite Exploration: It manages the maintenance and future development of Mount Dromedary natural graphite deposit. The majority of the company's revenue is derived from the Graphite Exploration segment. Geographically, the maximum revenue is derived from North America, followed by Asia, and Europe.

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

As of March 13, 2026, NVX stock price declined to $0.78 with 476,011 million shares trading.

NVX has a beta of 0.74, 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 $167.90 million. This is considered a Micro Cap stock.

In the last 3 years, NVX traded as high as $4.19 and as low as $.75.

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 -32.8% while the SPY ETF gained +21.4%. NVX has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -23.5% and -17.9%, respectively, while the SPY returned -2.6% and -3.5%, respectively.

NVX support price is $.79 and resistance is $.87 (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.