Nanoco Group (LON:NANO) Shares Up 4.1% – Time to Buy?

Nanoco Group plc (LON:NANOGet Free Report) shares rose 4.1% during mid-day trading on Thursday . The company traded as high as GBX 10.35 and last traded at GBX 9.58. Approximately 2,021,134 shares changed hands during 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 Price Performance

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 company has a market capitalization of £17.09 million, a price-to-earnings ratio of -6.27 and a beta of 0.67. The company has a 50-day moving average price of GBX 9.98 and a 200-day moving average price of GBX 11.42.

Nanoco Group (LON:NANOGet Free Report) last announced 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%. On average, equities research analysts expect that Nanoco Group plc will post 0.3318825 EPS for the current fiscal year.

Nanoco Group Company Profile

(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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