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 two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 4.40 and traded as low as GBX 2.51. Nanoco Group shares last traded at GBX 2.73, with a volume of 7,611,283 shares changing hands.

Nanoco Group Price Performance

The company has a debt-to-equity ratio of -4.43, a quick ratio of 3.57 and a current ratio of 1.83. The company has a market cap of £4.56 million, a price-to-earnings ratio of 5.00 and a beta of 0.67. The business has a fifty day moving average price of GBX 2.67 and a 200 day moving average price of GBX 4.37.

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.

Further Reading

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