Nanoco Group (LON:NANO) Stock Price Down 5.4% – Here’s Why

Nanoco Group plc (LON:NANOGet Free Report)’s share price traded down 5.4% on Thursday . The stock traded as low as GBX 2.50 and last traded at GBX 2.50. 1,740,205 shares were traded during trading, a decline of 3% from the average session volume of 1,787,654 shares. The stock had previously closed at GBX 2.64.

Nanoco Group Price Performance

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 has a market cap of £4.56 million, a price-to-earnings ratio of 5.00 and a beta of 0.67. The company’s 50-day moving average is GBX 4.15 and its 200-day moving average is GBX 5.51.

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