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

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

Nanoco Group Trading Down 0.6 %

The stock’s 50 day simple moving average is GBX 9.95 and its two-hundred day simple moving average is GBX 11.61. The stock has a market capitalization of £15.10 million, a PE ratio of -17.88 and a beta of 0.67. 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.

Recommended Stories

Receive News & Ratings for Nanoco Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nanoco Group and related companies with MarketBeat.com's FREE daily email newsletter.