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

Nanoco Group plc (LON:NANO)’s stock price was up 4.1% during mid-day trading on Thursday . The stock traded as high as GBX 10.35 and last traded at GBX 9.58. Approximately 2,021,134 shares changed 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 stock has a market cap of £17.41 million, a PE ratio of -6.38 and a beta of 0.67. The company has a debt-to-equity ratio of -11.22, a quick ratio of 3.57 and a current ratio of 2.71. The stock has a fifty day moving average price of GBX 10.01 and a 200 day moving average price of GBX 11.44.

Nanoco Group (LON:NANO) last released its quarterly 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%. Equities analysts expect that Nanoco Group plc will post 0.3318825 EPS for the current 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.