Nanoco Group (LON:NANO) Stock Price Up 10% – Here’s What Happened

Nanoco Group plc (LON:NANOGet Free Report) shares were up 10% during trading on Wednesday . The company traded as high as GBX 8.48 ($0.11) and last traded at GBX 7.80 ($0.10). Approximately 4,687,822 shares traded hands during trading, an increase of 760% from the average daily volume of 545,100 shares. The stock had previously closed at GBX 7.09 ($0.09).

Nanoco Group Trading Up 1.3 %

The company has a debt-to-equity ratio of -11.22, a current ratio of 2.71 and a quick ratio of 3.57. The stock has a market cap of £14.93 million, a P/E ratio of -17.68 and a beta of 0.67. The firm’s fifty day moving average price is GBX 8.15 and its two-hundred day moving average price is GBX 11.14.

Nanoco Group (LON:NANOGet Free Report) last released its quarterly earnings results on Tuesday, April 15th. The company reported GBX (0.53) (($0.01)) earnings per share for the quarter. Nanoco Group had a negative net margin of 15.91% and a positive return on equity of 419.06%. As a group, equities research analysts forecast that Nanoco Group plc will post 0.3318825 EPS for the current 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.

Further Reading

Receive News & Ratings for Nanoco Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nanoco Group and related companies with MarketBeat.com's FREE daily email newsletter.