Nanoco Group (LON:NANO) Trading 19.1% Higher – Should You Buy?

Shares of Nanoco Group plc (LON:NANOGet Free Report) were up 19.1% during trading on Friday . The company traded as high as GBX 3 and last traded at GBX 2.62. Approximately 37,801,258 shares were traded during trading, an increase of 2,235% from the average daily volume of 1,618,672 shares. The stock had previously closed at GBX 2.20.

Nanoco Group Trading Up 19.1%

The stock has a market cap of £4.78 million, a PE ratio of 5.24 and a beta of 0.67. The business’s fifty day moving average is GBX 4.99 and its 200 day moving average is GBX 6.29. The company has a quick ratio of 3.57, a current ratio of 1.83 and a debt-to-equity ratio of -4.43.

Nanoco Group (LON:NANOGet Free Report) last released its quarterly earnings results on Monday, April 20th. The company reported GBX 1.15 earnings per share (EPS) for the quarter. The business had revenue of GBX 770 million during the quarter. Nanoco Group had a negative return on equity of 5.96% and a net margin of 9.21%. As a group, analysts predict that Nanoco Group plc will post 0.3318825 earnings per share for the current year.

Nanoco Group Company Profile

(Get Free Report)

Nanoco is a world leader in the development and manufacture of cadmium-free quantum dots and other nanomaterials emanating from our technology platform and validated IP. Our materials have potential application in a huge range of electronic devices including infra-red sensors and displays.

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