Nanoco Group (LON:NANO) Shares Cross Above 50-Day Moving Average – Should You Sell?

Nanoco Group plc (LON:NANO – Get Free Report) passed above its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of GBX 2.66 and traded as high as GBX 3.08. Nanoco Group shares last traded at GBX 2.88, with a volume of 65,590 shares traded.

Nanoco Group Stock Down 13.1%

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 company’s 50-day moving average price is GBX 2.66 and its 200 day moving average price is GBX 4.03. The stock has a market capitalization of £4.56 million, a P/E ratio of 5.00 and a beta of 0.67.

About Nanoco Group

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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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