Nanoco Group (LON:NANO) Shares Up 13.1% – Here’s Why

Nanoco Group plc (LON:NANOGet Free Report) shot up 13.1% on Thursday . The stock traded as high as GBX 8.01 ($0.10) and last traded at GBX 7.91 ($0.10). 3,651,309 shares were traded during trading, an increase of 726% from the average session volume of 442,072 shares. The stock had previously closed at GBX 7 ($0.09).

Nanoco Group Price Performance

The stock has a market capitalization of £15.10 million, a PE ratio of -17.88 and a beta of 0.67. The company has a debt-to-equity ratio of -11.22, a current ratio of 2.71 and a quick ratio of 3.57. The company has a 50-day moving average of GBX 9.95 and a two-hundred day moving average of GBX 11.61.

About Nanoco Group

(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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