Nanoco Group plc (LON:NANO) had its price target lowered by Peel Hunt from GBX 75 ($0.99) to GBX 67 ($0.88) in a research note published on Thursday. The brokerage currently has a buy rating on the stock.

Nanoco Group plc (LON NANO) opened at GBX 24.50 ($0.32) on Thursday. Nanoco Group plc has a 52 week low of GBX 17.75 ($0.23) and a 52 week high of GBX 52 ($0.68).

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In related news, insider Christopher (Chris) Richards bought 166,666 shares of the company’s stock in a transaction on Wednesday, November 15th. The shares were acquired at an average price of GBX 18 ($0.24) per share, with a total value of £29,999.88 ($39,457.95).

Nanoco Group plc Company Profile

Nanoco Group PLC is engaged in research, development and manufacturing of heavy-metal free quantum dots and semiconductor nanoparticles for use in display, lighting, solar energy and bio-imaging. The Company’s products include Cadmium Free Quantum Dots (CFQD), CFQD quantum dot films, and copper indium gallium di-selenide (CIGS)/copper indium di-selenide/sulfide (CIS) nanoparticles.

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