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

Nanoco Group plc (LON:NANO) shares rose 6.1% on Thursday . The stock traded as high as GBX 10.35 and last traded at GBX 9.76. Approximately 1,206,137 shares traded 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 Performance

The company has a debt-to-equity ratio of -11.22, a quick ratio of 3.57 and a current ratio of 2.71. The company has a market capitalization of £17.09 million, a P/E ratio of -6.27 and a beta of 0.67. The business’s fifty day simple moving average is GBX 9.98 and its 200-day simple moving average is GBX 11.42.

Nanoco Group (LON:NANO) last released its quarterly earnings data on Tuesday, November 18th. The company reported GBX (1.13) EPS for the quarter. Nanoco Group had a negative net margin of 15.91% and a positive return on equity of 419.06%. As a group, equities analysts anticipate that Nanoco Group plc will post 0.3318825 earnings per share for the current fiscal year.

About Nanoco Group

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.