Nanoco Group (LON:NANO)‘s stock had its “buy” rating reiterated by equities researchers at Peel Hunt in a report issued on Friday. They presently have a GBX 67 ($0.91) price target on the stock. Peel Hunt’s price target would indicate a potential upside of 132.24% from the stock’s current price.
Nanoco Group (NANO) traded up GBX 1.35 ($0.02) during mid-day trading on Friday, hitting GBX 28.85 ($0.39). 554,099 shares of the company traded hands, compared to its average volume of 264,562. Nanoco Group has a 1-year low of GBX 17.75 ($0.24) and a 1-year high of GBX 47 ($0.64). The firm has a market cap of $82.49 and a price-to-earnings ratio of -721.25.
In other Nanoco Group news, insider Christopher (Chris) Richards acquired 166,666 shares of Nanoco Group stock in a transaction that occurred on Wednesday, November 15th. The stock was acquired at an average price of GBX 18 ($0.24) per share, with a total value of £29,999.88 ($40,683.32).
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.
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