Nanoco Group (LON:NANO) Trading Up 7.3% – Should You Buy?

Nanoco Group plc (LON:NANOGet Free Report) rose 7.3% during trading on Tuesday . The stock traded as high as GBX 13.95 ($0.19) and last traded at GBX 13.20 ($0.18). Approximately 2,546,787 shares changed hands during trading, an increase of 284% from the average daily volume of 663,243 shares. The stock had previously closed at GBX 12.30 ($0.16).

Nanoco Group Price Performance

The stock has a market cap of £24.74 million, a P/E ratio of -29.30 and a beta of 0.67. The company has a quick ratio of 3.57, a current ratio of 2.71 and a debt-to-equity ratio of -11.22. The business’s 50-day simple moving average is GBX 8.05 and its two-hundred day simple moving average is GBX 10.80.

Nanoco Group (LON:NANOGet Free Report) last announced its quarterly earnings results on Tuesday, April 15th. The company reported GBX (0.53) (($0.01)) EPS for the quarter. Nanoco Group had a negative net margin of 15.91% and a positive return on equity of 419.06%. Sell-side analysts expect that Nanoco Group plc will post 0.3318825 EPS for the current year.

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.

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