Nanoco Group (LON:NANO) Trading Up 4.1% – Still a Buy?

Nanoco Group plc (LON:NANOGet Free Report)’s share price shot up 4.1% during trading on Friday . The company traded as high as GBX 10.35 and last traded at GBX 9.58. 2,021,134 shares were traded during mid-day trading, an increase of 279% from the average session volume of 533,241 shares. The stock had previously closed at GBX 9.20.

Nanoco Group Stock Performance

The company has a quick ratio of 3.57, a current ratio of 2.71 and a debt-to-equity ratio of -11.22. The company has a market capitalization of £17.80 million, a PE ratio of -6.53 and a beta of 0.67. The business has a 50 day simple moving average of GBX 10.01 and a 200 day simple moving average of GBX 11.44.

Nanoco Group (LON:NANOGet Free Report) last posted its quarterly earnings data on Tuesday, November 18th. The company reported GBX (1.13) earnings per share (EPS) for the quarter. Nanoco Group had a negative net margin of 15.91% and a positive return on equity of 419.06%. Equities research analysts predict that Nanoco Group plc will post 0.3318825 EPS 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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