Nanoco Group (LON:NANO) Stock Price Crosses Below 200 Day Moving Average – What’s Next?

Nanoco Group plc (LON:NANO) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 9.80 and traded as low as GBX 5.50. Nanoco Group shares last traded at GBX 5.80, with a volume of 232,649 shares trading hands.

Nanoco Group Stock Performance

The company has a market capitalization of £10.58 million, a P/E ratio of -5.13 and a beta of 0.67. 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 company’s fifty day moving average is GBX 7.70 and its 200 day moving average is GBX 9.80.

Nanoco Group (LON:NANO) last issued its earnings results on Tuesday, November 18th. The company reported GBX (1.13) earnings per share (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, equities analysts anticipate that Nanoco Group plc will post 0.3318825 earnings per share for the current year.

Nanoco Group Company Profile

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.