Nanoco Group (LON:NANO) Trading 3.1% Higher – Still a Buy?

Shares of Nanoco Group plc (LON:NANOGet Free Report) were up 3.1% during mid-day trading on Thursday . The stock traded as high as GBX 10.35 and last traded at GBX 9.49. 1,390,286 shares were traded during trading, an increase of 162% from the average session volume of 530,450 shares. The stock had previously closed at GBX 9.20.

Nanoco Group Stock Performance

The company has a debt-to-equity ratio of -11.22, a current ratio of 2.71 and a quick ratio of 3.57. The company has a market capitalization of £17.55 million, a PE ratio of -6.43 and a beta of 0.67. The stock has a 50-day simple moving average of GBX 10.04 and a 200 day simple moving average of GBX 11.45.

Nanoco Group (LON:NANOGet Free Report) last released its quarterly earnings results on Tuesday, November 18th. The company reported GBX (1.13) 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%. Equities analysts anticipate 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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