Nanoco Group (LON:NANO) Stock Price Down 30.6%

Nanoco Group plc (LON:NANO) shares were down 30.6% during mid-day trading on Tuesday . The stock traded as low as GBX 13.14 ($0.17) and last traded at GBX 13.72 ($0.17). Approximately 3,961,266 shares changed hands during mid-day trading, an increase of 96% from the average daily volume of 2,022,856 shares. The stock had previously closed at GBX 19.78 ($0.25).

Nanoco Group Stock Performance

The stock has a market capitalization of £26.85 million, a P/E ratio of 351.00 and a beta of 0.65. The company has a 50 day simple moving average of GBX 18.01 and a 200-day simple moving average of GBX 19.41. The company has a debt-to-equity ratio of 36.93, a current ratio of 4.82 and a quick ratio of 3.57.

Insider Buying and Selling at Nanoco Group

In other Nanoco Group news, insider Christopher Batterham sold 18,745 shares of the business’s stock in a transaction on Monday, April 15th. The stock was sold at an average price of GBX 2,294 ($29.02), for a total value of £430,010.30 ($543,903.74). In related news, insider Christopher Batterham sold 18,745 shares of the business’s stock in a transaction on Monday, April 15th. The stock was sold at an average price of GBX 2,294 ($29.02), for a total transaction of £430,010.30 ($543,903.74). Also, insider Alison Margaret Fielding sold 107,683 shares of the business’s stock in a transaction on Thursday, April 11th. The shares were sold at an average price of GBX 2,400 ($30.36), for a total value of £2,584,392 ($3,268,899.57). Insiders have sold a total of 142,986 shares of company stock worth $301,804,506 over the last ninety days. 51.26% of the stock is currently owned by company insiders.

About Nanoco Group

Nanoco Group plc, together with its subsidiaries, engages in the research, development, manufacture, and licensing of novel nanomaterials for use in various commercial applications. The company offers CFQD quantum dots consisting of fluorescent semiconductor nanoparticles for OLED and µLED colour conversion, QD-EL, and security tagging applications; and HEATWAVE quantum dots for use in biometric facial recognition, optical diagnostics, LiDAR, and night vision applications in the sensor industry.