Nanoco Group (LON:NANO) Shares Cross Below 200-Day Moving Average – What’s Next?

Nanoco Group plc (LON:NANOGet Free Report) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 11.17 ($0.15) and traded as low as GBX 9.48 ($0.13). Nanoco Group shares last traded at GBX 9.78 ($0.13), with a volume of 28,285 shares changing hands.

Nanoco Group Stock Performance

The firm has a market capitalization of £17.23 million, a price-to-earnings ratio of -6.32 and a beta of 0.67. 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 stock’s 50-day moving average is GBX 11.02 and its 200-day moving average is GBX 11.17.

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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