Nanoco Group (LON:NANO) Stock Price Down 29.9%

Nanoco Group plc (LON:NANOGet Free Report)’s share price traded down 29.9% on Friday . The stock traded as low as GBX 9.48 ($0.13) and last traded at GBX 9.75 ($0.13). 4,995,390 shares changed hands during trading, an increase of 186% from the average session volume of 1,746,853 shares. The stock had previously closed at GBX 13.90 ($0.18).

Nanoco Group Trading Down 34.0 %

The firm has a market cap of £17.09 million, a P/E ratio of 229.50 and a beta of 0.74. The company has a quick ratio of 3.57, a current ratio of 4.82 and a debt-to-equity ratio of 36.93. The firm’s 50-day simple moving average is GBX 15.20 and its 200 day simple moving average is GBX 17.93.

About Nanoco Group

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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.

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