Nanoco Group (LON:NANO) Stock Rating Reaffirmed by Deutsche Bank

Nanoco Group (LON:NANO)‘s stock had its “buy” rating reiterated by investment analysts at Deutsche Bank in a research note issued to investors on Friday, ThisIsMoney.Co.Uk reports.

Separately, Peel Hunt reaffirmed a “buy” rating and issued a GBX 382 ($4.99) price objective on shares of Gulf Keystone Petroleum in a research note on Friday, June 21st.

Nanoco Group stock opened at GBX 12.60 ($0.16) on Friday. The firm has a 50 day moving average price of GBX 27.06. Nanoco Group has a 1 year low of GBX 6.50 ($0.08) and a 1 year high of GBX 55.50 ($0.73). The company has a debt-to-equity ratio of 4.10, a current ratio of 4.25 and a quick ratio of 3.92. The firm has a market capitalization of $36.06 million and a P/E ratio of -8.40.

In other news, insider Alison Margaret Fielding bought 119,261 shares of the firm’s stock in a transaction on Wednesday, June 26th. The stock was acquired at an average price of GBX 13 ($0.17) per share, with a total value of £15,503.93 ($20,258.63). Also, insider Christopher (Chris) Richards sold 73,120 shares of the stock in a transaction that occurred on Wednesday, June 5th. The shares were sold at an average price of GBX 39 ($0.51), for a total transaction of £28,516.80 ($37,262.25). Insiders have sold a total of 179,597 shares of company stock valued at $8,237,358 in the last three months.

About Nanoco Group

Nanoco Group plc, together with its subsidiaries, engages in the research, development, manufacture, and licensing of cadmium and heavy-metal-free quantum dots (CFQD), and semiconductor nanomaterials for use in various commercial applications. The company offers cadmium free quantum dots, CFQD quantum dot films, copper indium gallium di-selenide/sulfide nanoparticles, and copper indium di-selenide/sulfide nanoparticles.

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