Nanoco Group (LON:NANO) Stock Price Up 9.3% – Here’s What Happened

Nanoco Group plc (LON:NANOGet Free Report) shares were up 9.3% during trading on Tuesday . The company traded as high as GBX 2.80 and last traded at GBX 2.59. Approximately 1,438,161 shares changed hands during mid-day trading, a decline of 5% from the average daily volume of 1,508,378 shares. The stock had previously closed at GBX 2.37.

Nanoco Group Stock Performance

The company has a fifty day moving average price of GBX 2.59 and a two-hundred day moving average price of GBX 4.09. The firm has a market cap of £4.73 million, a price-to-earnings ratio of 5.18 and a beta of 0.67. The company has a debt-to-equity ratio of -4.43, a current ratio of 1.83 and a quick ratio of 3.57.

About Nanoco Group

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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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