Nanoco Group (LON:NANO) Stock Price Up 3.3% – Should You Buy?

Nanoco Group plc (LON:NANOGet Free Report)’s stock price was up 3.3% during trading on Tuesday . The company traded as high as GBX 12.70 ($0.17) and last traded at GBX 12.70 ($0.17). Approximately 110,336 shares changed hands during mid-day trading, a decline of 83% from the average daily volume of 634,912 shares. The stock had previously closed at GBX 12.30 ($0.16).

Nanoco Group Stock Performance

The company has a fifty day moving average of GBX 7.96 and a two-hundred day moving average of GBX 10.78. The stock has a market capitalization of £25.56 million, a P/E ratio of -30.28 and a beta of 0.67. The company has a debt-to-equity ratio of -11.22, a current ratio of 2.71 and a quick ratio of 3.57.

Nanoco Group (LON:NANOGet Free Report) last issued 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%. On average, equities analysts anticipate 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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