Nanoco Group PLC (LON:NANO) insider Christopher (Chris) Richards bought 55,576 shares of the business’s stock in a transaction dated Friday, October 14th. The shares were bought at an average cost of GBX 54 ($0.67) per share, with a total value of £30,011.04 ($37,142.38).

Shares of Nanoco Group PLC (LON:NANO) traded down 5.13% during mid-day trading on Friday, reaching GBX 50.28. 6,948,784 shares of the company traded hands. Nanoco Group PLC has a 52 week low of GBX 35.00 and a 52 week high of GBX 79.62. The company’s market capitalization is GBX 118.93 million. The stock’s 50-day moving average is GBX 66.37 and its 200-day moving average is GBX 54.22.

NANO has been the subject of a number of research reports. Canaccord Genuity reissued a “buy” rating and set a GBX 110 ($1.36) target price on shares of Nanoco Group PLC in a research note on Tuesday, July 26th. Liberum Capital reaffirmed a “buy” rating and set a GBX 105 ($1.30) price objective on shares of Nanoco Group PLC in a research note on Friday, October 7th. Finally, Peel Hunt began coverage on shares of Nanoco Group PLC in a research note on Thursday. They set a “buy” rating and a GBX 75 ($0.93) price objective for the company.

Nanoco Group PLC Company Profile

Nanoco Group PLC is a United Kingdom-based Company engaged in the research, development and large-scale manufacture of heavy metal-free nanomaterials for use in displays, lighting, solar energy and bio-imaging. The Company’s quantum dots offer enhanced color, energy efficiency, and seamless integration into existing LCD production processes.

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