Nanoco Group (LON:NANO) Trading 4.1% Higher – Time to Buy?

Nanoco Group plc (LON:NANOGet Free Report)’s share price traded up 4.1% during trading on Thursday . The stock traded as high as GBX 10.35 and last traded at GBX 9.58. 2,021,134 shares were traded during trading, an increase of 279% from the average session volume of 533,241 shares. The stock had previously closed at GBX 9.20.

Nanoco Group Trading Up 4.1%

The company has a fifty day moving average of GBX 10.04 and a two-hundred day moving average of GBX 11.45. The company has a quick ratio of 3.57, a current ratio of 2.71 and a debt-to-equity ratio of -11.22. The stock has a market capitalization of £17.41 million, a price-to-earnings ratio of -6.38 and a beta of 0.67.

Nanoco Group (LON:NANOGet Free Report) last announced its quarterly earnings data on Tuesday, November 18th. The company reported GBX (1.13) EPS for the quarter. Nanoco Group had a positive return on equity of 419.06% and a negative net margin of 15.91%. On average, research analysts expect that Nanoco Group plc will post 0.3318825 EPS for the current year.

Nanoco Group Company Profile

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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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