Nanoco Group (LON:NANO) Trading Up 18.3% – Should You Buy?

Nanoco Group plc (LON:NANO – Get Free Report)’s share price shot up 18.3% during trading on Thursday . The company traded as high as GBX 8.28 ($0.11) and last traded at GBX 8.28 ($0.11). 4,079,381 shares changed hands during mid-day trading, an increase of 807% from the average session volume of 449,716 shares. The stock had previously closed at GBX 7 ($0.09).

Nanoco Group Trading Up 18.3 %

The stock has a fifty day moving average of GBX 10.04 and a 200 day moving average of GBX 11.63. The company has a market capitalization of £15.64 million, a P/E ratio of -18.53 and a beta of 0.67. The company has a debt-to-equity ratio of -11.22, a quick ratio of 3.57 and a current ratio of 2.71.

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.

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