Nanoco Group (LON:NANO) Trading 18.3% Higher – Here’s What Happened

Nanoco Group plc (LON:NANOGet Free Report) shares traded up 18.3% on Thursday . The stock traded as high as GBX 8.28 ($0.11) and last traded at GBX 8.28 ($0.11). 4,079,381 shares were traded during trading, an increase of 807% from the average session volume of 449,716 shares. The stock had previously closed at GBX 7 ($0.09).

Nanoco Group Stock Performance

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

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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