Nanoco Group (LON:NANO) Shares Pass Below Two Hundred Day Moving Average – Should You Sell?

Nanoco Group plc (LON:NANOGet Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 10.63 and traded as low as GBX 7.98. Nanoco Group shares last traded at GBX 7.98, with a volume of 276,285 shares traded.

Nanoco Group Price Performance

The firm has a market cap of £14.56 million, a PE ratio of -7.06 and a beta of 0.67. The company has a 50 day moving average price of GBX 8.74 and a 200 day moving average price of GBX 10.63. The company has a debt-to-equity ratio of -11.22, a current ratio of 2.71 and a quick ratio of 3.57.

Nanoco Group (LON:NANOGet Free Report) last issued its earnings results on Tuesday, November 18th. The company reported GBX (1.13) EPS for the quarter. Nanoco Group had a negative net margin of 15.91% and a positive return on equity of 419.06%. Sell-side analysts expect 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.

Further Reading

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