Nanoco Group (LON:NANO) Shares Pass Below Two Hundred Day Moving Average – What’s Next?
by Mitch Edgeman · The Markets DailyNanoco Group plc (LON:NANO – Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 7.80 and traded as low as GBX 4.41. Nanoco Group shares last traded at GBX 4.57, with a volume of 1,132,331 shares.
Nanoco Group Stock Performance
The company has a market cap of £8.48 million, a P/E ratio of -4.11 and a beta of 0.67. The company has a quick ratio of 3.57, a current ratio of 1.86 and a debt-to-equity ratio of -6.65. The stock has a 50 day moving average price of GBX 5.51 and a two-hundred day moving average price of GBX 7.76.
About Nanoco Group
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.