Advance Nanotek (ASX:ANO) Stock Price Up 0.4%

Advance Nanotek Ltd (ASX:ANO)’s stock price rose 0.4% during mid-day trading on Thursday . The company traded as high as A$5.50 ($3.90) and last traded at A$5.50 ($3.90), approximately 45,820 shares traded hands during trading. The stock had previously closed at A$5.48 ($3.89).

The firm’s 50 day simple moving average is A$5.53. The company has a market capitalization of $319.70 million and a P/E ratio of 75.34.

In other Advance Nanotek news, insider Geoff Acton purchased 91,786 shares of the business’s stock in a transaction dated Friday, June 28th. The shares were acquired at an average price of A$0.75 ($0.53) per share, for a total transaction of A$68,839.50 ($48,822.34).

Advance Nanotek Company Profile (ASX:ANO)

Advance NanoTek Limited manufactures aluminum oxide powder, and zinc oxide dispersions and powder for use in the personal care sector in Australia, the United States, Canada, Europe, and internationally. It produces and distributes dispersion of mineral-only UV filters in cosmetic emollients that are used for sunscreen, skincare, and pharmaceutical formulations, as well as alumina plate-like powders for use in cosmetic applications.

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