Nanoco Group (LON:NANO) Shares Up 4.1% – Here’s What Happened

Nanoco Group plc (LON:NANOGet Free Report) shares rose 4.1% on Thursday . The stock traded as high as GBX 10.35 and last traded at GBX 9.58. Approximately 2,021,134 shares traded hands during mid-day trading, an increase of 279% from the average daily volume of 533,241 shares. The stock had previously closed at GBX 9.20.

Nanoco Group Trading Up 4.1%

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 stock’s 50 day moving average is GBX 10.04 and its 200-day moving average is GBX 11.45. The company has a market cap of £17.41 million, a PE ratio of -6.38 and a beta of 0.67.

Nanoco Group (LON:NANOGet Free Report) last issued its quarterly earnings data on Tuesday, November 18th. The company reported GBX (1.13) EPS for the quarter. Nanoco Group had a positive return on equity of 419.06% and a negative net margin of 15.91%. As a group, sell-side analysts anticipate that Nanoco Group plc will post 0.3318825 EPS for the current year.

Nanoco Group Company Profile

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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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