Nanoco Group (LON:NANO) Trading Down 7.1% – Should You Sell?

Nanoco Group plc (LON:NANO – Get Free Report)’s stock price dropped 7.1% on Friday . The company traded as low as GBX 2.50 and last traded at GBX 2.50. Approximately 226,576 shares changed hands during trading, a decline of 86% from the average session volume of 1,564,846 shares. The stock had previously closed at GBX 2.69.

Nanoco Group Price Performance

The company’s fifty day moving average price is GBX 2.67 and its 200 day moving average price is GBX 4.37. The company has a debt-to-equity ratio of -4.43, a quick ratio of 3.57 and a current ratio of 1.83. The firm has a market capitalization of £4.56 million, a price-to-earnings ratio of 5.00 and a beta of 0.67.

About Nanoco Group

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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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