Nanoco Group (LON:NANO) Trading Up 10.8% – Time to Buy?

Nanoco Group plc (LON:NANOGet Free Report) was up 10.8% during mid-day trading on Tuesday . The stock traded as high as GBX 13.95 ($0.19) and last traded at GBX 13.63 ($0.18). Approximately 1,990,907 shares traded hands during mid-day trading, an increase of 203% from the average daily volume of 656,779 shares. The stock had previously closed at GBX 12.30 ($0.16).

Nanoco Group Stock Performance

The company’s 50 day moving average price is GBX 7.96 and its 200-day moving average price is GBX 10.78. The stock has a market cap of £25.60 million, a P/E ratio of -30.32 and a beta of 0.67. The company has a debt-to-equity ratio of -11.22, a quick ratio of 3.57 and a current ratio of 2.71.

Nanoco Group (LON:NANOGet Free Report) last posted its quarterly earnings data on Tuesday, April 15th. The company reported GBX (0.53) (($0.01)) EPS for the quarter. Nanoco Group had a negative net margin of 15.91% and a positive return on equity of 419.06%. Equities analysts forecast 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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