Nanoco Group plc (LON:NANO – Get Free Report) shares shot up 18.3% on Thursday . The company traded as high as GBX 8.28 ($0.11) and last traded at GBX 8.28 ($0.11). 4,079,381 shares traded hands during mid-day trading, an increase of 807% from the average session volume of 449,716 shares. The stock had previously closed at GBX 7 ($0.09).
Nanoco Group Trading Up 18.3 %
The company has a quick ratio of 3.57, a current ratio of 2.71 and a debt-to-equity ratio of -11.22. The firm has a market capitalization of £15.64 million, a P/E ratio of -18.53 and a beta of 0.67. The firm’s 50-day simple moving average is GBX 10.14 and its 200-day simple moving average is GBX 11.64.
About Nanoco Group
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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