Nanoco Group (LON:NANO) Trading 18.3% Higher – Here’s What Happened

Nanoco Group plc (LON:NANOGet Free Report) shares rose 18.3% during mid-day trading on Thursday . The stock traded as high as GBX 8.28 ($0.11) and last traded at GBX 8.28 ($0.11). Approximately 4,079,381 shares traded hands during mid-day trading, an increase of 807% from the average daily volume of 449,716 shares. The stock had previously closed at GBX 7 ($0.09).

Nanoco Group Stock Performance

The firm has a market cap of £15.10 million, a PE ratio of -17.88 and a beta of 0.67. The company has a 50 day simple moving average of GBX 9.95 and a 200-day simple moving average of GBX 11.61. The company has a debt-to-equity ratio of -11.22, a current ratio of 2.71 and a quick ratio of 3.57.

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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