Nanoco Group (LON:NANO) Share Price Crosses Below 200-Day Moving Average of $20.62

Nanoco Group plc (LON:NANO)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 20.62 ($0.28) and traded as low as GBX 19.50 ($0.26). Nanoco Group shares last traded at GBX 19.80 ($0.27), with a volume of 1,007,406 shares traded.

Several analysts have commented on NANO shares. Peel Hunt restated an “under review” rating on shares of Nanoco Group in a report on Wednesday, November 3rd. Peel Hunt restated an “under review” rating on shares of Nanoco Group in a report on Wednesday, November 3rd.

The company has a debt-to-equity ratio of 136.47, a quick ratio of 2.28 and a current ratio of 2.42. The company has a market cap of £60.53 million and a PE ratio of -14.14. The firm has a fifty day simple moving average of GBX 21.83 and a 200 day simple moving average of GBX 20.62.

In other Nanoco Group news, insider Christopher (Chris) Richards purchased 174,999 shares of the stock in a transaction on Wednesday, November 17th. The stock was bought at an average price of GBX 26 ($0.35) per share, for a total transaction of £45,499.74 ($61,761.56).

About Nanoco Group (LON:NANO)

Nanoco Group plc, together with its subsidiaries, engages in the research, development, manufacture, and licensing of cadmium and heavy-metal-free quantum dots (CFQD) and semiconductor nanomaterials for use in various commercial applications. The company offers CFQD quantum dots, which are fluorescent semiconductor nanoparticles for OLED and µLED colour conversion, QD-EL, and security tagging applications; CFQD fine color film, an optical film for use in colour conversion applications; HEATWAVE quantum dots for use in the sensor industry applications; copper indium gallium diselenide/sulfide and copper indium diselenide/sulfide nanoparticles for solar spectrum applications; and VIVODOTS nanoparticles for medical and veterinary applications.

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