Nanoco Group (LON:NANO) Share Price Passes Below Two Hundred Day Moving Average – What’s Next?

Shares of Nanoco Group plc (LON:NANOGet Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 8.43 and traded as low as GBX 5.50. Nanoco Group shares last traded at GBX 5.70, with a volume of 316,803 shares changing hands.

Nanoco Group Stock Performance

The company has a debt-to-equity ratio of -6.65, a current ratio of 1.86 and a quick ratio of 3.57. The firm has a market cap of £10.15 million, a price-to-earnings ratio of -4.92 and a beta of 0.67. The company has a fifty day moving average price of GBX 6.31 and a two-hundred day moving average price of GBX 8.38.

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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