Nanoco Group (LON:NANO) Stock Crosses Below 200-Day Moving Average – Here’s Why

Nanoco Group plc (LON:NANOGet Free Report)’s stock price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 11.11 and traded as low as GBX 8.07. Nanoco Group shares last traded at GBX 8.43, with a volume of 1,307,563 shares traded.

Nanoco Group Stock Performance

The company has a debt-to-equity ratio of -11.22, a current ratio of 2.71 and a quick ratio of 3.57. The company has a 50 day simple moving average of GBX 9.63 and a 200-day simple moving average of GBX 11.11. The firm has a market cap of £14.97 million, a PE ratio of -7.26 and a beta of 0.67.

Nanoco Group (LON:NANOGet Free Report) last announced its quarterly earnings data on Tuesday, November 18th. The company reported GBX (1.13) earnings per share for the quarter. Nanoco Group had a positive return on equity of 419.06% and a negative net margin of 15.91%. As a group, equities research analysts anticipate 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.

Read More

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.