Nanoco Group (LON:NANO) Stock Crosses Below 200 Day Moving Average – Time to Sell?

Nanoco Group plc (LON:NANOGet Free Report)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 5.26 and traded as low as GBX 2.66. Nanoco Group shares last traded at GBX 2.75, with a volume of 829,350 shares traded.

Nanoco Group Stock Up 3.8%

The company has a debt-to-equity ratio of -4.43, a current ratio of 1.83 and a quick ratio of 3.57. The business’s 50 day simple moving average is GBX 3.73 and its 200 day simple moving average is GBX 5.26. The company has a market capitalization of £5.02 million, a PE ratio of 5.50 and a beta of 0.67.

Nanoco Group (LON:NANOGet Free Report) last posted its earnings results on Monday, April 20th. The company reported GBX 1.15 earnings per share for the quarter. Nanoco Group had a net margin of 9.21% and a negative return on equity of 5.96%. The company had revenue of GBX 770 million for the quarter. As a group, analysts anticipate that Nanoco Group plc will post 0.3318825 earnings per share for the current fiscal year.

Nanoco Group Company Profile

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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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