Nanoco Group (LON:NANO) Stock Crosses Below Two Hundred Day Moving Average – Time to Sell?

Nanoco Group plc (LON:NANOGet Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 11 ($0.15) and traded as low as GBX 9.20 ($0.12). Nanoco Group shares last traded at GBX 9.50 ($0.13), with a volume of 489,913 shares changing hands.

Nanoco Group Trading Up 2.7%

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 firm has a market capitalization of £18.18 million, a P/E ratio of -666.67 and a beta of 0.67. The firm has a 50 day moving average price of GBX 11.87 and a two-hundred day moving average price of GBX 11.

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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