Peel Hunt Begins Coverage on Nanoco Group PLC (NANO)
A number of other brokerages have also issued reports on NANO. Canaccord Genuity reiterated a buy rating and set a GBX 110 ($1.34) target price on shares of Nanoco Group PLC in a research report on Monday, August 1st. Liberum Capital restated a buy rating and issued a GBX 105 ($1.28) price objective on shares of Nanoco Group PLC in a report on Monday, August 1st.
Nanoco Group PLC (LON:NANO) opened at 50.05 on Thursday. The firm has a 50-day moving average of GBX 65.25 and a 200 day moving average of GBX 54.34. The firm’s market cap is GBX 118.39 million. Nanoco Group PLC has a 52-week low of GBX 35.00 and a 52-week high of GBX 79.62.
In related news, insider Gordon James Hall bought 18,230 shares of the business’s stock in a transaction dated Thursday, October 13th. The stock was bought at an average price of GBX 54 ($0.66) per share, for a total transaction of £9,844.20 ($11,997.81). Also, insider Christopher (Chris) Richards bought 55,576 shares of the business’s stock in a transaction dated Friday, October 14th. The shares were bought at an average price of GBX 54 ($0.66) per share, with a total value of £30,011.04 ($36,576.53).
Nanoco Group PLC Company Profile
Nanoco Group PLC is a United Kingdom-based Company engaged in the research, development and large-scale manufacture of heavy metal-free nanomaterials for use in displays, lighting, solar energy and bio-imaging. The Company’s quantum dots offer enhanced color, energy efficiency, and seamless integration into existing LCD production processes.
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