Nanoco Group (LON:NANO) Stock Crosses Below 200-Day Moving Average – Here’s Why

Nanoco Group plc (LON:NANOGet Free Report) shares passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 10.12 and traded as low as GBX 6. Nanoco Group shares last traded at GBX 6, with a volume of 153,576 shares.

Nanoco Group Trading Down 6.3%

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 firm has a market cap of £10.95 million, a P/E ratio of -5.31 and a beta of 0.67. The firm has a 50 day simple moving average of GBX 8.06 and a 200 day simple moving average of GBX 10.12.

Nanoco Group (LON:NANOGet Free Report) last announced its quarterly earnings results on Tuesday, November 18th. The company reported GBX (1.13) earnings per share (EPS) for the quarter. Nanoco Group had a positive return on equity of 419.06% and a negative net margin of 15.91%. On average, equities research analysts predict that Nanoco Group plc will post 0.3318825 EPS for the current fiscal year.

About Nanoco Group

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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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