Nanoco Group (LON:NANO) Trading 18.3% Higher – Should You Buy?

Nanoco Group plc (LON:NANOGet Free Report)’s share price traded up 18.3% during trading on Thursday . The stock traded as high as GBX 8.28 ($0.11) and last traded at GBX 8.28 ($0.11). 4,079,381 shares changed 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 Price Performance

The company has a market capitalization of £15.64 million, a PE ratio of -18.53 and a beta of 0.67. The company has a debt-to-equity ratio of -11.22, a current ratio of 2.71 and a quick ratio of 3.57. The company’s 50 day simple moving average is GBX 10.04 and its 200 day simple moving average is GBX 11.63.

Nanoco Group Company Profile

(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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