Nanoco Group PLC (LON:NANO)‘s stock had its “buy” rating reaffirmed by research analysts at Peel Hunt in a research report issued to clients and investors on Monday. They currently have a GBX 75 ($0.98) target price on the stock. Peel Hunt’s price objective would suggest a potential upside of 87.50% from the stock’s current price.

Nanoco Group PLC (LON:NANO) traded down 6.98% on Monday, reaching GBX 40.00. The company’s stock had a trading volume of 3,379,180 shares. Nanoco Group PLC has a one year low of GBX 28.00 and a one year high of GBX 79.62. The firm has a 50-day moving average of GBX 33.80 and a 200-day moving average of GBX 40.51. The company’s market capitalization is GBX 95.25 million.

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About Nanoco Group PLC

Nanoco Group PLC is engaged in research, development and manufacturing of heavy-metal free quantum dots and semiconductor nanoparticles for use in display, lighting, solar energy and bio-imaging. The Company’s products include Cadmium Free Quantum Dots (CFQD), CFQD quantum dot films, and copper indium gallium di-selenide (CIGS)/copper indium di-selenide/sulfide (CIS) nanoparticles.

12 Month Chart for LON:NANO

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