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 Friday . The stock has a two hundred day moving average of GBX 8.17 and traded as low as GBX 5.12. Nanoco Group shares last traded at GBX 5.27, with a volume of 259,880 shares traded.

Nanoco Group Price Performance

The stock has a market capitalization of £9.61 million, a PE ratio of -4.66 and a beta of 0.67. The company has a quick ratio of 3.57, a current ratio of 1.86 and a debt-to-equity ratio of -6.65. The stock’s 50 day moving average price is GBX 6.01 and its 200-day moving average price is GBX 8.17.

Nanoco Group Company Profile

(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.

See Also

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.