Nanoco Group (LON:NANO) Shares Up 4.6% – What’s Next?

Nanoco Group plc (LON:NANOGet Free Report)’s share price shot up 4.6% during mid-day trading on Thursday . The company traded as high as GBX 2.68 and last traded at GBX 2.51. 6,864,928 shares changed hands during trading, an increase of 483% from the average session volume of 1,178,359 shares. The stock had previously closed at GBX 2.40.

Nanoco Group Price Performance

The stock has a market capitalization of £4.73 million, a P/E ratio of 5.18 and a beta of 0.67. The business has a fifty day simple moving average of GBX 5.21 and a 200-day simple moving average of GBX 6.51. The company has a debt-to-equity ratio of -4.43, a quick ratio of 3.57 and a current ratio of 1.83.

Nanoco Group (LON:NANOGet Free Report) last posted its quarterly earnings results on Monday, April 20th. The company reported GBX 1.15 earnings per share (EPS) for the quarter. The firm had revenue of GBX 770 million for the quarter. Nanoco Group had a negative return on equity of 5.96% and a net margin of 9.21%. Sell-side analysts expect that Nanoco Group plc will post 0.3318825 earnings per share for the current fiscal year.

About Nanoco Group

(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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