Nanoco Group plc (LON:NANO – Get Free Report) shares shot up 18.4% on Wednesday . The company traded as high as GBX 3.30 and last traded at GBX 2.96. Approximately 2,374,455 shares changed hands during mid-day trading, an increase of 63% from the average daily volume of 1,452,933 shares. The stock had previously closed at GBX 2.50.
Nanoco Group Trading Up 18.4%
The firm has a 50-day moving average of GBX 2.56 and a two-hundred day moving average of GBX 3.84. The firm has a market capitalization of £5.40 million, a P/E ratio of 5.92 and a beta of 0.67. The company has a current ratio of 1.83, a quick ratio of 3.57 and a debt-to-equity ratio of -4.43.
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.
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