Christopher (Chris) Richards Purchases 55,576 Shares of Nanoco Group PLC (NANO) Stock
Nanoco Group PLC (LON:NANO) insider Christopher (Chris) Richards acquired 55,576 shares of the company’s stock in a transaction that occurred on Friday, October 14th. The stock was purchased at an average price of GBX 54 ($0.67) per share, for a total transaction of £30,011.04 ($37,142.38).
Shares of Nanoco Group PLC (LON:NANO) traded down 5.13% during midday trading on Friday, reaching GBX 50.28. The company’s stock had a trading volume of 6,948,784 shares. The company has a 50-day moving average price of GBX 66.37 and a 200-day moving average price of GBX 54.22. The firm’s market cap is GBX 118.93 million. Nanoco Group PLC has a 12 month low of GBX 35.00 and a 12 month high of GBX 79.62.
A number of equities analysts recently commented on the company. Peel Hunt assumed coverage on Nanoco Group PLC in a report on Thursday. They issued a “buy” rating and a GBX 75 ($0.93) price objective on the stock. Liberum Capital restated a “buy” rating and issued a GBX 105 ($1.30) price objective on shares of Nanoco Group PLC in a report on Monday, August 1st. Finally, Canaccord Genuity restated a “buy” rating and issued a GBX 110 ($1.36) price objective on shares of Nanoco Group PLC in a report on Monday, August 1st.
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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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