Nanoco Group (LON:NANO) Trading Down 10.1% – Should You Sell?

Nanoco Group plc (LON:NANO) fell 10.1% during trading on Tuesday . The stock traded as low as GBX 2.41 and last traded at GBX 2.50. 802,139 shares were traded during mid-day trading, a decline of 53% from the average session volume of 1,715,290 shares. The stock had previously closed at GBX 2.78.

Nanoco Group Stock Down 10.1%

The company has a quick ratio of 3.57, a current ratio of 1.83 and a debt-to-equity ratio of -4.43. The stock has a market cap of £4.56 million, a price-to-earnings ratio of 5.00 and a beta of 0.67. The business’s fifty day moving average is GBX 3.63 and its two-hundred day moving average is GBX 5.22.

Nanoco Group (LON:NANO) last released its earnings results on Monday, April 20th. The company reported GBX 1.15 earnings per share (EPS) for the quarter. Nanoco Group had a net margin of 9.21% and a negative return on equity of 5.96%. The company had revenue of GBX 770 million for the quarter. Equities analysts forecast that Nanoco Group plc will post 0.3318825 earnings per share for the current fiscal 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.