Nanoco Group (LON:NANO) Stock Price Crosses Below 200-Day Moving Average – What’s Next?

Shares of Nanoco Group plc (LON:NANOGet Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 10.83 and traded as low as GBX 7.52. Nanoco Group shares last traded at GBX 7.87, with a volume of 611,802 shares.

Nanoco Group Trading Up 1.3%

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 business’s 50 day moving average price is GBX 9.18 and its 200-day moving average price is GBX 10.81. The firm has a market cap of £14.35 million, a price-to-earnings ratio of -6.96 and a beta of 0.67.

Nanoco Group (LON:NANOGet Free Report) last announced its quarterly earnings data 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.

About Nanoco Group

(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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