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Nanoco Group (LON:NANO) Shares Pass Below 200-Day Moving Average of $39.52

Defense World ·  Dec 2, 2022 03:01

Nanoco Group plc (LON:NANO – Get Rating) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 39.52 ($0.47) and traded as low as GBX 39 ($0.47). Nanoco Group shares last traded at GBX 42 ($0.50), with a volume of 676,886 shares traded.

Nanoco Group Stock Performance

The stock's 50 day simple moving average is GBX 37.88 and its two-hundred day simple moving average is GBX 39.52. The company has a quick ratio of 3.57, a current ratio of 3.81 and a debt-to-equity ratio of 91.25. The company has a market cap of £135.42 million and a PE ratio of -30.00.

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 which are fluorescent semiconductor nanoparticles for OLED and μLED colour conversion, QD-EL, and security tagging applications; CFQD fine color films; HEATWAVE quantum dots for use in the sensor industry applications; and VIVODOTS nanoparticles for medical and veterinary applications.

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