Shares of Nanoco Group plc (LON:NANO – Get Free Report) dropped 5.7% during mid-day trading on Wednesday . The company traded as low as GBX 10.97 ($0.14) and last traded at GBX 10.97 ($0.14). Approximately 16,738 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 1,739,340 shares. The stock had previously closed at GBX 11.64 ($0.15).
Nanoco Group Stock Performance
The company has a debt-to-equity ratio of 36.93, a quick ratio of 3.57 and a current ratio of 4.82. The stock’s fifty day moving average price is GBX 12 and its 200-day moving average price is GBX 15.40. The company has a market capitalization of £20.10 million, a P/E ratio of 291.00 and a beta of 0.67.
About Nanoco Group
Nanoco Group plc, together with its subsidiaries, engages in the research, development, manufacture, and licensing of novel nanomaterials for use in various commercial applications. The company offers CFQD quantum dots consisting of fluorescent semiconductor nanoparticles for OLED and µLED colour conversion, QD-EL, and security tagging applications; and HEATWAVE quantum dots for use in biometric facial recognition, optical diagnostics, LiDAR, and night vision applications in the sensor industry.
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