Nanoco Group (LON:NANO) Shares Up 18.3% – Here’s What Happened

Nanoco Group plc (LON:NANOGet Free Report)’s stock price shot up 18.3% during trading on Thursday . The stock traded as high as GBX 8.28 ($0.11) and last traded at GBX 8.28 ($0.11). 4,079,381 shares changed hands during mid-day trading, an increase of 807% from the average session volume of 449,716 shares. The stock had previously closed at GBX 7 ($0.09).

Nanoco Group Stock Performance

The firm has a market cap of £15.64 million, a P/E ratio of -18.53 and a beta of 0.67. The company has a debt-to-equity ratio of -11.22, a quick ratio of 3.57 and a current ratio of 2.71. The company’s 50 day moving average is GBX 10.14 and its 200 day moving average is GBX 11.64.

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.

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