Nanoco Group (LON:NANO) Shares Pass Below Two Hundred Day Moving Average of $39.11

Nanoco Group plc (LON:NANOGet Rating)’s stock price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 39.11 ($0.46) and traded as low as GBX 35 ($0.41). Nanoco Group shares last traded at GBX 37.40 ($0.44), with a volume of 1,446,285 shares.

Nanoco Group Stock Up 6.9 %

The company has a debt-to-equity ratio of 91.25, a current ratio of 3.81 and a quick ratio of 3.57. The stock’s fifty day simple moving average is GBX 39.13 and its two-hundred day simple moving average is GBX 39.11. The company has a market capitalization of £120.59 million and a price-to-earnings ratio of -26.71.

Insider Activity at Nanoco Group

In other news, insider Henry Turcan sold 245,000 shares of the firm’s stock in a transaction dated Tuesday, August 30th. The shares were sold at an average price of GBX 42 ($0.50), for a total transaction of £102,900 ($121,674.35).

Nanoco Group Company Profile

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Nanoco Group plc, together with its subsidiaries, engages in the research, development, manufacture, and licensing of novel nanomaterials for use in various commercial applications. The company offers CFQD quantum dots which are fluorescent semiconductor nanoparticles for OLED and µLED colour conversion, QD-EL, and security tagging applications; CFQD fine color films; HEATWAVE quantum dots for use in the sensor industry applications; and VIVODOTS nanoparticles for medical and veterinary applications.

Further Reading

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