Nanoco Group (LON:NANO) Trading Down 9.7% – Time to Sell?

Shares of Nanoco Group plc (LON:NANOGet Free Report) traded down 9.7% during trading on Thursday . The company traded as low as GBX 5.42 and last traded at GBX 5.42. 2,006,625 shares traded hands during mid-day trading, an increase of 246% from the average session volume of 579,193 shares. The stock had previously closed at GBX 6.

Nanoco Group Stock Down 9.7%

The firm’s 50-day moving average price is GBX 7.11 and its 200 day moving average price is GBX 9.23. The company has a current ratio of 2.71, a quick ratio of 3.57 and a debt-to-equity ratio of -11.22. The company has a market capitalization of £9.89 million, a price-to-earnings ratio of -4.80 and a beta of 0.67.

Nanoco Group Company Profile

(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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