Nanoco Group (LON:NANO) Trading Up 13.1% – Still a Buy?

Nanoco Group plc (LON:NANOGet Free Report) shares were up 13.1% during trading on Thursday . The stock traded as high as GBX 8.01 ($0.10) and last traded at GBX 7.91 ($0.10). Approximately 3,651,309 shares traded hands during trading, an increase of 726% from the average daily volume of 442,072 shares. The stock had previously closed at GBX 7 ($0.09).

Nanoco Group Trading Up 18.3 %

The company has a current ratio of 2.71, a quick ratio of 3.57 and a debt-to-equity ratio of -11.22. The business has a 50 day moving average price of GBX 10.14 and a 200-day moving average price of GBX 11.64. The company has a market cap of £15.64 million, a P/E ratio of -18.53 and a beta of 0.67.

Nanoco Group Company Profile

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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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