Nanoco Group (LON:NANO) Stock Passes Below 200 Day Moving Average – Time to Sell?

Nanoco Group plc (LON:NANOGet Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 5.26 and traded as low as GBX 2.66. Nanoco Group shares last traded at GBX 2.75, with a volume of 829,350 shares.

Nanoco Group Price Performance

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 company has a market capitalization of £5.02 million, a price-to-earnings ratio of 5.50 and a beta of 0.67. The stock’s 50-day simple moving average is GBX 3.73 and its two-hundred day simple moving average is GBX 5.26.

Nanoco Group (LON:NANOGet Free Report) last announced its earnings results on Monday, April 20th. The company reported GBX 1.15 earnings per share (EPS) for the quarter. The business had revenue of GBX 770 million for the quarter. Nanoco Group had a net margin of 9.21% and a negative return on equity of 5.96%. Equities research analysts predict 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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