Nanoco Group (LON:NANO) Stock Price Crosses Below 200 Day Moving Average – What’s Next?

Nanoco Group plc (LON:NANO) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 14.57 ($0.18) and traded as low as GBX 10.82 ($0.14). Nanoco Group shares last traded at GBX 11.14 ($0.14), with a volume of 150,823 shares traded.

Nanoco Group Stock Up 1.5 %

The stock has a market capitalization of £20.41 million, a PE ratio of 278.50 and a beta of 0.67. The firm has a 50 day moving average of GBX 11.82 and a two-hundred day moving average of GBX 14.57. The company has a current ratio of 4.82, a quick ratio of 3.57 and a debt-to-equity ratio of 36.93.

Nanoco Group Company Profile

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.