Nanoco Group (OTCMKTS:NNOCF) Trading Down 21.4% – Should You Sell?

Nanoco Group plc (OTCMKTS:NNOCFGet Free Report)’s share price dropped 21.4% during trading on Tuesday . The company traded as low as $0.14 and last traded at $0.14. Approximately 10,000 shares changed hands during mid-day trading, a decline of 29% from the average daily volume of 14,062 shares. The stock had previously closed at $0.18.

Nanoco Group Stock Performance

The firm’s 50-day simple moving average is $0.16 and its two-hundred day simple moving average is $0.17.

Nanoco Group Company Profile

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Nanoco Group plc, together with its subsidiaries, engages in the research, development, manufacture, and licensing of novel nanomaterials for use in various commercial applications. The company offers CFQD quantum dots consisting of fluorescent semiconductor nanoparticles for OLED and µLED colour conversion, QD-EL, and security tagging applications; and HEATWAVE quantum dots for use in biometric facial recognition, optical diagnostics, LiDAR, and night vision applications in the sensor industry.

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