Nanoco Group (LON:NANO) Trading 19.1% Higher – Should You Buy?

Nanoco Group plc (LON:NANOGet Free Report)’s share price traded up 19.1% during trading on Friday . The stock traded as high as GBX 3 and last traded at GBX 2.62. 37,801,258 shares changed hands during trading, an increase of 2,235% from the average session volume of 1,618,672 shares. The stock had previously closed at GBX 2.20.

Nanoco Group Price Performance

The company has a debt-to-equity ratio of -4.43, a current ratio of 1.83 and a quick ratio of 3.57. The company has a 50 day moving average price of GBX 4.99 and a 200 day moving average price of GBX 6.29. The firm has a market cap of £4.78 million, a PE ratio of 5.24 and a beta of 0.67.

Nanoco Group (LON:NANOGet Free Report) last released its quarterly earnings results on Monday, April 20th. The company reported GBX 1.15 EPS for the quarter. Nanoco Group had a negative return on equity of 5.96% and a net margin of 9.21%.The business had revenue of GBX 770 million during the quarter. Sell-side analysts expect that Nanoco Group plc will post 0.3318825 EPS for the current fiscal year.

About Nanoco Group

(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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