Nanoco Group (LON:NANO) Shares Up 2.1% – Still a Buy?

Nanoco Group plc (LON:NANO) was up 2.1% on Tuesday . The stock traded as high as GBX 14.90 ($0.19) and last traded at GBX 13.79 ($0.17). Approximately 116,269 shares changed hands during mid-day trading, a decline of 93% from the average daily volume of 1,574,454 shares. The stock had previously closed at GBX 13.51 ($0.17).

Nanoco Group Price Performance

The stock has a 50 day moving average of GBX 12.89 and a 200-day moving average of GBX 13.62. The company has a current ratio of 4.82, a quick ratio of 3.57 and a debt-to-equity ratio of 36.93. The stock has a market capitalization of £25.26 million, a P/E ratio of 344.75 and a beta of 0.67.

Insider Transactions at Nanoco Group

In other news, insider Dmitry Shashkov purchased 405,212 shares of the stock in a transaction that occurred on Wednesday, November 27th. The stock was purchased at an average price of GBX 1,400 ($17.57) per share, for a total transaction of £5,672,968 ($7,117,902.13). Corporate insiders own 50.28% of the company’s stock.

About Nanoco Group

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.