Nanoco Group (LON:NANO) Trading Up 0.4% – Here’s Why

Nanoco Group plc (LON:NANO) shares were up 0.4% during trading on Friday . The company traded as high as GBX 7.80 ($0.10) and last traded at GBX 7.44 ($0.10). Approximately 782,186 shares traded hands during mid-day trading, an increase of 43% from the average daily volume of 545,538 shares. The stock had previously closed at GBX 7.41 ($0.10).

Nanoco Group Stock Up 13.0 %

The company has a current ratio of 2.71, a quick ratio of 3.57 and a debt-to-equity ratio of -11.22. The firm’s 50 day moving average price is GBX 7.81 and its two-hundred day moving average price is GBX 10.91. The company has a market capitalization of £16.17 million, a price-to-earnings ratio of -19.15 and a beta of 0.67.

Nanoco Group (LON:NANO) last announced its quarterly earnings results on Tuesday, April 15th. The company reported GBX (0.53) (($0.01)) earnings per share for the quarter. Nanoco Group had a positive return on equity of 419.06% and a negative net margin of 15.91%. Sell-side analysts anticipate that Nanoco Group plc will post 0.3318825 earnings per share for the current fiscal year.

Nanoco Group Company Profile

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.