Nanoco Group (LON:NANO) Shares Up 1.6% – Still a Buy?

Nanoco Group plc (LON:NANO – Get Free Report)’s share price was up 1.6% during mid-day trading on Monday. The stock traded as high as GBX 3 and last traded at GBX 2.50. Approximately 279,973 shares were traded during trading, a decline of 80% from the average daily volume of 1,373,173 shares. The stock had previously closed at GBX 2.46.

Nanoco Group Price Performance

The company has a debt-to-equity ratio of -4.43, a quick ratio of 3.57 and a current ratio of 1.83. The stock has a market cap of £4.56 million, a price-to-earnings ratio of 5.00 and a beta of 0.67. The business’s fifty day simple moving average is GBX 2.59 and its 200 day simple moving average is GBX 3.58.

About Nanoco Group

(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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