Nanoco Group (LON:NANO) Stock Price Up 4.6% – Here’s What Happened

Nanoco Group plc (LON:NANOGet Free Report)’s share price rose 4.6% during trading on Thursday . The stock traded as high as GBX 2.68 and last traded at GBX 2.51. Approximately 6,864,928 shares changed hands during trading, an increase of 483% from the average daily volume of 1,178,359 shares. The stock had previously closed at GBX 2.40.

Nanoco Group Stock Performance

The business has a 50-day moving average of GBX 5.31 and a two-hundred day moving average of GBX 6.59. The company has a market cap of £4.67 million, a P/E ratio of 5.12 and a beta of 0.67. The company has a debt-to-equity ratio of -4.43, a current ratio of 1.83 and a quick ratio of 3.57.

Nanoco Group (LON:NANOGet Free Report) last issued its quarterly earnings data on Monday, April 20th. The company reported GBX 1.15 earnings per share for the quarter. Nanoco Group had a negative return on equity of 5.96% and a net margin of 9.21%.The company had revenue of GBX 770 million for the quarter. On average, sell-side analysts predict that Nanoco Group plc will post 0.3318825 EPS for the current fiscal year.

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.

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