Nanoco Group (LON:NANO) Trading Up 4.1% – Still a Buy?

Shares of Nanoco Group plc (LON:NANO) shot up 4.1% during trading on Thursday . The company traded as high as GBX 10.35 and last traded at GBX 9.58. 2,021,134 shares traded hands during mid-day trading, an increase of 279% from the average session 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 firm has a market cap of £17.41 million, a P/E ratio of -6.38 and a beta of 0.67. The firm’s fifty day moving average is GBX 10.01 and its two-hundred day moving average is GBX 11.44.

Nanoco Group (LON:NANO) last announced its earnings results on Tuesday, November 18th. The company reported GBX (1.13) earnings per share for the quarter. Nanoco Group had a negative net margin of 15.91% and a positive return on equity of 419.06%. Analysts predict that Nanoco Group plc will post 0.3318825 earnings per share for the current fiscal year.

Nanoco Group Company Profile

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.