Nanoco Group (LON:NANO) Stock Price Up 4.6% – Here’s What Happened

Nanoco Group plc (LON:NANOGet Free Report) was up 4.6% on Thursday . The stock traded as high as GBX 2.68 and last traded at GBX 2.51. Approximately 6,864,928 shares traded hands during mid-day trading, an increase of 483% from the average daily volume of 1,178,359 shares. The stock had previously closed at GBX 2.40.

Nanoco Group Stock Performance

The company has a debt-to-equity ratio of -4.43, a current ratio of 1.83 and a quick ratio of 3.57. The firm has a market cap of £4.67 million, a price-to-earnings ratio of 5.12 and a beta of 0.67. The firm has a fifty day simple moving average of GBX 5.31 and a two-hundred day simple moving average of GBX 6.59.

Nanoco Group (LON:NANOGet Free Report) last issued its quarterly earnings results on Monday, April 20th. The company reported GBX 1.15 earnings per share for the quarter. The business had revenue of GBX 770 million during the quarter. Nanoco Group had a negative return on equity of 5.96% and a net margin of 9.21%. On average, 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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