Nanoco Group (LON:NANO) Trading Up 18.4% – Here’s Why

Nanoco Group plc (LON:NANOGet Free Report)’s stock price traded up 18.4% during trading on Wednesday . The stock traded as high as GBX 3.30 and last traded at GBX 2.96. Approximately 2,374,455 shares were traded during trading, an increase of 63% from the average session volume of 1,452,933 shares. The stock had previously closed at GBX 2.50.

Nanoco Group Stock Performance

The company has a debt-to-equity ratio of -4.43, a quick ratio of 3.57 and a current ratio of 1.83. The firm has a 50 day moving average price of GBX 2.56 and a two-hundred day moving average price of GBX 3.84. The company has a market capitalization of £5.40 million, a P/E ratio of 5.92 and a beta of 0.67.

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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