Nanoco Group (LON:NANO) Stock Price Down 0.4% – Should You Sell?

Nanoco Group plc (LON:NANO – Get Free Report) dropped 0.4% during trading on Tuesday. The company traded as low as GBX 1.90 and last traded at GBX 2.39. Approximately 1,211,805 shares traded hands during trading, a decline of 5% from the average daily volume of 1,269,085 shares. The stock had previously closed at GBX 2.40.

Nanoco Group Stock Performance

The business’s fifty day moving average is GBX 2.65 and its two-hundred day moving average is GBX 3.97. The company has a quick ratio of 3.57, a current ratio of 1.83 and a debt-to-equity ratio of -4.43. The stock has a market capitalization of £4.36 million, a PE ratio of 4.78 and a beta of 0.67.

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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