Nanoco Group (LON:NANO) Shares Cross Below 200-Day Moving Average – Here’s What Happened

Nanoco Group plc (LON:NANOGet Free Report) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 5.26 and traded as low as GBX 2.66. Nanoco Group shares last traded at GBX 2.75, with a volume of 829,350 shares traded.

Nanoco Group Stock Performance

The company has a market cap of £5.02 million, a PE ratio of 5.50 and a beta of 0.67. The company has a debt-to-equity ratio of -4.43, a quick ratio of 3.57 and a current ratio of 1.83. The firm’s 50 day moving average is GBX 3.73 and its 200-day moving average is GBX 5.26.

Nanoco Group (LON:NANOGet Free Report) last released its earnings results on Monday, April 20th. The company reported GBX 1.15 earnings per share for the quarter. The business had revenue of GBX 770 million for the quarter. Nanoco Group had a net margin of 9.21% and a negative return on equity of 5.96%. On average, research analysts anticipate that Nanoco Group plc will post 0.3318825 earnings per share for the current fiscal year.

About Nanoco Group

(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.

Further Reading

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