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NOVONIX Ltd Director Alters Shareholding in Strategic Move

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NOVONIX Ltd Director Alters Shareholding in Strategic Move

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NOVONIX Ltd ( (AU:NVX) ) just unveiled an update.

NOVONIX Ltd has announced a change in the director’s interest, specifically involving Nicholas Liveris, who has disposed of 100,000 ordinary shares through an on-market trade. This transaction, valued at $46,000, reduces his holding to 494,681 ordinary shares while maintaining 164,409 share rights. Such changes in shareholding can influence investor perceptions and reflect strategic financial decisions by company executives.

The most recent analyst rating on (AU:NVX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on NOVONIX Ltd stock, see the AU:NVX Stock Forecast page.

More about NOVONIX Ltd

NOVONIX Ltd is a company operating in the energy sector, primarily focusing on the development and production of high-performance battery materials and technologies. The company is dedicated to advancing the capabilities of energy storage solutions, catering to the growing demand for efficient and sustainable energy sources.

Average Trading Volume: 6,176,672

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$306.2M

For detailed information about NVX stock, go to TipRanks’ Stock Analysis page.

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