Nanoco Group (LON:NANO) Stock Price Up 3.9% – Should You Buy?

Nanoco Group plc (LON:NANOGet Free Report)’s share price traded up 3.9% during trading on Monday . The stock traded as high as GBX 13 ($0.16) and last traded at GBX 12.66 ($0.16). 652,382 shares changed hands during trading, a decline of 60% from the average session volume of 1,634,923 shares. The stock had previously closed at GBX 12.18 ($0.15).

Nanoco Group Trading Up 3.9 %

The company has a 50 day moving average of GBX 11.93 and a 200 day moving average of GBX 14.27. The firm has a market cap of £23.19 million, a price-to-earnings ratio of 300.75 and a beta of 0.67. The company has a current ratio of 4.82, a quick ratio of 3.57 and a debt-to-equity ratio of 36.93.

About Nanoco Group

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Nanoco Group plc, together with its subsidiaries, engages in the research, development, manufacture, and licensing of novel nanomaterials for use in various commercial applications. The company offers CFQD quantum dots consisting of fluorescent semiconductor nanoparticles for OLED and µLED colour conversion, QD-EL, and security tagging applications; and HEATWAVE quantum dots for use in biometric facial recognition, optical diagnostics, LiDAR, and night vision applications in the sensor industry.

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