Nanoco Group (LON:NANO) Shares Down 7.8% – What’s Next?

Shares of Nanoco Group plc (LON:NANOGet Free Report) traded down 7.8% on Monday . The stock traded as low as GBX 2.95 and last traded at GBX 2.95. 1,866,994 shares were traded during trading, an increase of 1% from the average session volume of 1,843,972 shares. The stock had previously closed at GBX 3.20.

Nanoco Group Stock Down 7.8%

The business has a 50-day moving average price of GBX 4.76 and a 200-day moving average price of GBX 6.02. The stock has a market cap of £5.38 million, a PE ratio of 5.90 and a beta of 0.67. The company has a current ratio of 1.83, a quick ratio of 3.57 and a debt-to-equity ratio of -4.43.

Nanoco Group (LON:NANOGet Free Report) last issued its quarterly earnings results on Monday, April 20th. The company reported GBX 1.15 EPS for the quarter. The company had revenue of GBX 770 million during the quarter. Nanoco Group had a net margin of 9.21% and a negative return on equity of 5.96%. As a group, analysts forecast that Nanoco Group plc will post 0.3318825 earnings per share for the current year.

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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