Nanoco Group (LON:NANO) Trading 9.3% Higher – Should You Buy?

Nanoco Group plc (LON:NANOGet Free Report) shares traded up 9.3% on Tuesday . The stock traded as high as GBX 2.80 and last traded at GBX 2.59. Approximately 1,438,161 shares changed hands during mid-day trading, a decline of 5% from the average session volume of 1,508,378 shares. The stock had previously closed at GBX 2.37.

Nanoco Group Stock Performance

The stock has a 50-day simple moving average of GBX 2.59 and a 200-day simple moving average of GBX 4.04. The company has a debt-to-equity ratio of -4.43, a current ratio of 1.83 and a quick ratio of 3.57. The stock has a market cap of £4.90 million, a PE ratio of 5.37 and a beta of 0.67.

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.

Further Reading

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