Nanoco Group (LON:NANO) Stock Price Up 6.1% – Should You Buy?

Nanoco Group plc (LON:NANOGet Free Report)’s stock price rose 6.1% during mid-day trading on Thursday . The stock traded as high as GBX 10.35 and last traded at GBX 9.76. Approximately 1,206,137 shares changed hands during trading, an increase of 128% from the average daily volume of 529,635 shares. The stock had previously closed at GBX 9.20.

Nanoco Group Stock Down 2.1%

The company has a 50 day moving average of GBX 9.98 and a 200-day moving average of GBX 11.42. 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 has a market cap of £17.09 million, a P/E ratio of -6.27 and a beta of 0.67.

Nanoco Group (LON:NANOGet Free Report) last announced its earnings results on Tuesday, November 18th. The company reported GBX (1.13) earnings per share for the quarter. Nanoco Group had a positive return on equity of 419.06% and a negative net margin of 15.91%. On average, equities analysts predict that Nanoco Group plc will post 0.3318825 earnings per share for the current year.

Nanoco Group Company Profile

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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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