Nanoco Group (LON:NANO) Shares Down 5.4% – Time to Sell?

Nanoco Group plc (LON:NANOGet Free Report) shares fell 5.4% on Thursday . The company traded as low as GBX 2.50 and last traded at GBX 2.50. 1,740,205 shares changed hands during mid-day trading, a decline of 3% from the average session volume of 1,787,654 shares. The stock had previously closed at GBX 2.64.

Nanoco Group Stock Performance

The company has a debt-to-equity ratio of -4.43, a quick ratio of 3.57 and a current ratio of 1.83. The firm has a market cap of £4.56 million, a P/E ratio of 5.00 and a beta of 0.67. The company’s 50 day moving average is GBX 4.04 and its 200 day moving average is GBX 5.45.

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

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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