Nanoco Group (LON:NANO) Shares Up 17.2% – Here’s What Happened

Nanoco Group plc (LON:NANOGet Free Report)’s stock price traded up 17.2% on Thursday . The company traded as high as GBX 4.39 and last traded at GBX 3.40. Approximately 18,646,357 shares were traded during mid-day trading, an increase of 911% from the average session volume of 1,843,465 shares. The stock had previously closed at GBX 2.90.

Nanoco Group Trading Up 17.2%

The stock has a market cap of £6.20 million, a PE ratio of 6.80 and a beta of 0.67. The company’s fifty day moving average is GBX 4.82 and its 200-day moving average is GBX 6.10. The company has a debt-to-equity ratio of -4.43, a current ratio of 1.83 and a quick ratio of 3.57.

Nanoco Group (LON:NANOGet Free Report) last posted its quarterly earnings results on Monday, April 20th. The company reported GBX 1.15 EPS for the quarter. The company had revenue of GBX 770 million for the quarter. Nanoco Group had a net margin of 9.21% and a negative return on equity of 5.96%. On average, analysts predict 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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