Nanoco Group plc (LON:NANO – Get Free Report)’s stock price shot up 18.3% during mid-day trading on Thursday . The company 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 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 stock has a market capitalization of £15.10 million, a price-to-earnings ratio of -17.88 and a beta of 0.67. The business’s 50 day simple moving average is GBX 9.95 and its 200-day simple moving average is GBX 11.61. The company has a debt-to-equity ratio of -11.22, a quick ratio of 3.57 and a current ratio of 2.71.
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.
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