Nanoco Group (LON:NANO) Trading Down 7.5% – Here’s What Happened

Nanoco Group plc (LON:NANOGet Free Report) shares fell 7.5% on Monday . The company traded as low as GBX 6.80 ($0.09) and last traded at GBX 6.95 ($0.09). 1,137,388 shares traded hands during mid-day trading, an increase of 194% from the average session volume of 386,504 shares. The stock had previously closed at GBX 7.52 ($0.10).

Nanoco Group Stock Down 6.1 %

The stock’s 50-day moving average price is GBX 10.56 and its two-hundred day moving average price is GBX 11.78. The company has a current ratio of 2.71, a quick ratio of 3.57 and a debt-to-equity ratio of -11.22. The stock has a market capitalization of £13.34 million, a P/E ratio of -15.80 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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