Nanoco Group (LON:NANO) Shares Down 7.8% – Time to Sell?

Nanoco Group plc (LON:NANOGet Free Report)’s share price dropped 7.8% during trading on Monday . The company traded as low as GBX 2.95 and last traded at GBX 2.95. Approximately 1,866,994 shares changed hands during mid-day trading, an increase of 1% from the average daily volume of 1,843,972 shares. The stock had previously closed at GBX 3.20.

Nanoco Group Stock Down 3.3%

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 market capitalization of £5.29 million, a price-to-earnings ratio of 5.80 and a beta of 0.67. The firm has a 50-day moving average price of GBX 4.69 and a two-hundred day moving average price of GBX 5.95.

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

Nanoco Group Company Profile

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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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