Today: The Insider Buying: Nanoco Group PLC (NANO) Insider Acquires £9,844.20 in Stock

The Insider Buying: Nanoco Group PLC (NANO) Insider Acquires £9,844.20 in Stock

Nanoco Group PLC (LON:NANO) insider Gordon James Hall bought 18,230 shares of the business’s stock in a transaction dated Thursday, October 13th. The stock was acquired at an average cost of GBX 54 ($0.66) per share, for a total transaction of £9,844.20 ($11,997.81).

Nanoco Group PLC (LON:NANO) opened at 48.75 on Tuesday. The company has a 50-day moving average of GBX 65.25 and a 200-day moving average of GBX 54.34. Nanoco Group PLC has a 52-week low of GBX 35.00 and a 52-week high of GBX 79.62. The stock’s market capitalization is GBX 115.31 million.

NANO has been the topic of a number of recent research reports. Canaccord Genuity reaffirmed a “buy” rating and issued a GBX 110 ($1.34) target price on shares of Nanoco Group PLC in a report on Tuesday, July 26th. Liberum Capital reaffirmed a “buy” rating and issued a GBX 105 ($1.28) target price on shares of Nanoco Group PLC in a report on Monday, August 1st. Finally, Peel Hunt initiated coverage on shares of Nanoco Group PLC in a report on Thursday, October 13th. They issued a “buy” rating and a GBX 75 ($0.91) target price on the stock.

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