Nanoco Group (LON:NANO) Stock Crosses Below Two Hundred Day Moving Average – What’s Next?

Shares of Nanoco Group plc (LON:NANO – Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 3.92 and traded as low as GBX 2.34. Nanoco Group shares last traded at GBX 2.67, with a volume of 2,504,028 shares.

Nanoco Group Stock Performance

The firm’s fifty day moving average price is GBX 2.56 and its 200-day moving average price is GBX 3.90. The company has a current ratio of 1.83, a quick ratio of 3.57 and a debt-to-equity ratio of -4.43. The firm has a market cap of £4.56 million, a price-to-earnings ratio of 5.00 and a beta of 0.67.

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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