Nanoco Group (LON:NANO) Trading Up 8.1% – What’s Next?

Nanoco Group plc (LON:NANO) shot up 8.1% during mid-day trading on Friday . The company traded as high as GBX 6.79 and last traded at GBX 6.44. 462,267 shares changed hands during trading, a decline of 21% from the average session volume of 588,339 shares. The stock had previously closed at GBX 5.96.

Nanoco Group Trading Up 6.6%

The company has a quick ratio of 3.57, a current ratio of 1.83 and a debt-to-equity ratio of -4.43. The stock’s 50 day moving average price is GBX 5.31 and its 200-day moving average price is GBX 7.16. The stock has a market capitalization of £11.59 million, a P/E ratio of 12.71 and a beta of 0.67.

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

Nanoco Group Company Profile

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.