Nanoco Group (LON:NANO) Shares Down 9.7% – Time to Sell?

Shares of Nanoco Group plc (LON:NANOGet Free Report) were down 9.7% during mid-day trading on Thursday . The stock traded as low as GBX 5.42 and last traded at GBX 5.42. Approximately 2,006,625 shares traded hands during trading, an increase of 246% from the average daily volume of 579,193 shares. The stock had previously closed at GBX 6.

Nanoco Group Price Performance

The company has a quick ratio of 3.57, a current ratio of 2.71 and a debt-to-equity ratio of -11.22. The firm has a market cap of £9.89 million, a P/E ratio of -4.80 and a beta of 0.67. The business has a fifty day moving average of GBX 7.11 and a 200 day moving average of GBX 9.23.

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.

Featured Stories

Receive News & Ratings for Nanoco Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nanoco Group and related companies with MarketBeat.com's FREE daily email newsletter.