Nanoco Group (LON:NANO) Shares Down 8.6% – What’s Next?

Nanoco Group plc (LON:NANOGet Free Report) fell 8.6% on Tuesday . The stock traded as low as GBX 2.65 and last traded at GBX 2.65. Approximately 919,848 shares traded hands during mid-day trading, a decline of 50% from the average daily volume of 1,855,373 shares. The stock had previously closed at GBX 2.90.

Nanoco Group Price Performance

The company has a market capitalization of £4.83 million, a P/E ratio of 5.30 and a beta of 0.67. 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 business has a 50 day simple moving average of GBX 4.49 and a 200-day simple moving average of GBX 5.80.

Nanoco Group (LON:NANOGet Free Report) last released its quarterly earnings results on Monday, April 20th. The company reported GBX 1.15 EPS for the quarter. Nanoco Group had a net margin of 9.21% and a negative return on equity of 5.96%. The business had revenue of GBX 770 million during the quarter. Analysts predict that Nanoco Group plc will post 0.3318825 EPS for the current fiscal year.

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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