Nanoco Group (LON:NANO) Trading Down 8.8% – Time to Sell?

Shares of Nanoco Group plc (LON:NANOGet Free Report) dropped 8.8% on Friday . The company traded as low as GBX 2.32 and last traded at GBX 2.50. Approximately 298,227 shares traded hands during trading, a decline of 80% from the average session volume of 1,458,138 shares. The stock had previously closed at GBX 2.74.

Nanoco Group Price Performance

The firm has a market capitalization of £4.56 million, a P/E ratio of 5.00 and a beta of 0.67. The stock’s fifty day simple moving average is GBX 2.56 and its 200 day simple moving average is GBX 3.90. 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 Company Profile

(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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