Nanoco Group (LON:NANO) Shares Up 4% – What’s Next?

Nanoco Group plc (LON:NANOGet Free Report) shares were up 4% during mid-day trading on Monday . The company traded as high as GBX 2.60 and last traded at GBX 2.60. Approximately 350,057 shares traded hands during mid-day trading, a decline of 78% from the average session volume of 1,557,347 shares. The stock had previously closed at GBX 2.50.

Nanoco Group Stock Performance

The stock has a market capitalization of £4.74 million, a price-to-earnings ratio of 5.20 and a beta of 0.67. The company’s 50-day simple moving average is GBX 2.67 and its 200-day simple moving average is GBX 4.35. The company has a current ratio of 1.83, a quick ratio of 3.57 and a debt-to-equity ratio of -4.43.

About Nanoco Group

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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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