Nanoco Group (LON:NANO) Shares Down 30.6%

Shares of Nanoco Group plc (LON:NANO) traded down 30.6% during trading on Tuesday . The company traded as low as GBX 13.14 ($0.17) and last traded at GBX 13.72 ($0.17). 3,961,266 shares changed hands during trading, an increase of 96% from the average session volume of 2,022,856 shares. The stock had previously closed at GBX 19.78 ($0.25).

Nanoco Group Price Performance

The company has a debt-to-equity ratio of 36.93, a quick ratio of 3.57 and a current ratio of 4.82. The company has a market capitalization of £26.48 million, a P/E ratio of 343.10 and a beta of 0.65. The firm’s fifty day moving average is GBX 18.22 and its 200 day moving average is GBX 19.47.

Insider Transactions at Nanoco Group

In related news, insider Alison Margaret Fielding sold 107,683 shares of the business’s stock in a transaction on Thursday, April 11th. The stock was sold at an average price of GBX 2,400 ($30.36), for a total transaction of £2,584,392 ($3,268,899.57). In related news, insider Alison Margaret Fielding sold 107,683 shares of Nanoco Group stock in a transaction dated Thursday, April 11th. The stock was sold at an average price of GBX 2,400 ($30.36), for a total value of £2,584,392 ($3,268,899.57). Also, insider Liam Gray sold 16,558 shares of the firm’s stock in a transaction dated Thursday, April 18th. The shares were sold at an average price of GBX 22 ($0.28), for a total transaction of £3,642.76 ($4,607.59). Over the last three months, insiders have sold 142,986 shares of company stock worth $301,804,506. 51.26% of the stock is currently owned by company insiders.

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.