Nanoco Group (LON:NANO) Stock Price Down 6.4% – Time to Sell?

Nanoco Group plc (LON:NANOGet Free Report)’s share price dropped 6.4% during trading on Tuesday . The stock traded as low as GBX 2.65 and last traded at GBX 2.80. Approximately 4,385,738 shares changed hands during trading, an increase of 311% from the average daily volume of 1,067,404 shares. The stock had previously closed at GBX 2.99.

Nanoco Group Price Performance

The company has a debt-to-equity ratio of -4.43, a quick ratio of 3.57 and a current ratio of 1.83. The stock has a market capitalization of £5.11 million, a P/E ratio of 5.60 and a beta of 0.67. The firm has a 50-day moving average price of GBX 5.43 and a 200 day moving average price of GBX 6.69.

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