Nanoco Group (LON:NANO) Share Price Crosses Below Two Hundred Day Moving Average – What’s Next?

Nanoco Group plc (LON:NANO)’s stock price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 10.96 and traded as low as GBX 8.20. Nanoco Group shares last traded at GBX 8.50, with a volume of 801,278 shares trading hands.

Nanoco Group Stock Up 1.2%

The company has a debt-to-equity ratio of -11.22, a current ratio of 2.71 and a quick ratio of 3.57. The firm’s 50 day moving average price is GBX 9.50 and its two-hundred day moving average price is GBX 10.96. The firm has a market cap of £15.51 million, a price-to-earnings ratio of -7.52 and a beta of 0.67.

Nanoco Group (LON:NANO) last posted its quarterly earnings data on Tuesday, November 18th. The company reported GBX (1.13) EPS for the quarter. Nanoco Group had a negative net margin of 15.91% and a positive return on equity of 419.06%. As a group, sell-side analysts forecast that Nanoco Group plc will post 0.3318825 earnings per share for the current fiscal year.

About Nanoco Group

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.