Nanoco Group (LON:NANO) Stock Price Up 5.4% – Still a Buy?

Nanoco Group plc (LON:NANO) shares rose 5.4% during trading on Thursday . The stock traded as high as GBX 5.58 and last traded at GBX 5.10. Approximately 1,139,738 shares were traded during trading, an increase of 93% from the average daily volume of 591,265 shares. The stock had previously closed at GBX 4.84.

Nanoco Group Stock Performance

The stock has a fifty day simple moving average of GBX 5.83 and a two-hundred day simple moving average of GBX 8.03. The stock has a market cap of £9.30 million, a price-to-earnings ratio of -4.51 and a beta of 0.67. The company has a debt-to-equity ratio of -6.65, a quick ratio of 3.57 and a current ratio of 1.86.

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.