Nanoco Group (LON:NANO) Trading 16.6% Higher – Time to Buy?

Nanoco Group plc (LON:NANOGet Free Report) shares traded up 16.6% during trading on Thursday . The stock traded as high as GBX 8.17 ($0.11) and last traded at GBX 8.17 ($0.11). 3,795,684 shares traded hands during mid-day trading, an increase of 754% from the average session volume of 444,650 shares. The stock had previously closed at GBX 7 ($0.09).

Nanoco Group Stock Up 18.3 %

The company has a 50-day simple moving average of GBX 10.14 and a 200-day simple moving average of GBX 11.64. The firm has a market cap of £15.64 million, a PE ratio of -18.53 and a beta of 0.67. The company has a debt-to-equity ratio of -11.22, a current ratio of 2.71 and a quick ratio of 3.57.

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.

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