Nanoco Group (LON:NANO) Shares Down 9.7% – Here’s What Happened

Shares of Nanoco Group plc (LON:NANOGet Free Report) dropped 9.7% on Thursday . The stock traded as low as GBX 5.42 and last traded at GBX 5.42. Approximately 2,006,625 shares were traded during mid-day trading, an increase of 246% from the average daily volume of 579,193 shares. The stock had previously closed at GBX 6.

Nanoco Group Trading Down 2.6%

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 company has a market capitalization of £10.40 million, a P/E ratio of -5.04 and a beta of 0.67. The company’s fifty day simple moving average is GBX 7.01 and its 200-day simple moving average is GBX 9.15.

Nanoco Group Company Profile

(Get Free Report)

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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