Nanoco Group (LON:NANO) Trading 10% Higher – What’s Next?

Nanoco Group plc (LON:NANOGet Free Report) shares rose 10% during mid-day trading on Wednesday . The stock traded as high as GBX 8.48 ($0.11) and last traded at GBX 7.80 ($0.10). Approximately 4,687,822 shares traded hands during trading, an increase of 760% from the average daily volume of 545,100 shares. The stock had previously closed at GBX 7.09 ($0.09).

Nanoco Group Price Performance

The firm has a market capitalization of £14.93 million, a P/E ratio of -17.68 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. The stock has a 50 day moving average of GBX 8.15 and a two-hundred day moving average of GBX 11.14.

Nanoco Group (LON:NANOGet Free Report) last posted its quarterly earnings data on Tuesday, April 15th. The company reported GBX (0.53) (($0.01)) earnings per share for the quarter. Nanoco Group had a positive return on equity of 419.06% and a negative net margin of 15.91%. Sell-side analysts predict that Nanoco Group plc will post 0.3318825 earnings per share for the current fiscal year.

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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