Nanoco Group (LON:NANO) Trading Up 0.4% – Should You Buy?

Nanoco Group plc (LON:NANO) traded up 0.4% on Friday . The company traded as high as GBX 7.80 ($0.10) and last traded at GBX 7.44 ($0.10). 782,186 shares changed hands during mid-day trading, an increase of 43% from the average session volume of 545,538 shares. The stock had previously closed at GBX 7.41 ($0.10).

Nanoco Group Stock Performance

The stock has a fifty day simple moving average of GBX 7.81 and a 200-day simple moving average of GBX 10.91. The stock has a market cap of £16.17 million, a P/E ratio of -19.15 and a beta of 0.67. The company has a debt-to-equity ratio of -11.22, a quick ratio of 3.57 and a current ratio of 2.71.

Nanoco Group (LON:NANO) last posted its quarterly earnings data on Tuesday, April 15th. The company reported GBX (0.53) (($0.01)) earnings per share (EPS) for the quarter. Nanoco Group had a positive return on equity of 419.06% and a negative net margin of 15.91%. On average, equities analysts expect that Nanoco Group plc will post 0.3318825 earnings per share for the current year.

Nanoco Group Company Profile

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.