Nanoco Group (LON:NANO) Stock Price Up 13.1% – What’s Next?

Shares of Nanoco Group plc (LON:NANOGet Free Report) rose 13.1% during trading on Thursday . The company traded as high as GBX 8.01 ($0.10) and last traded at GBX 7.91 ($0.10). Approximately 3,651,309 shares changed hands during mid-day trading, an increase of 726% from the average daily volume of 442,072 shares. The stock had previously closed at GBX 7 ($0.09).

Nanoco Group Price Performance

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 stock has a market cap of £15.10 million, a price-to-earnings ratio of -17.88 and a beta of 0.67. The business’s fifty day simple moving average is GBX 9.95 and its 200 day simple moving average is GBX 11.61.

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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