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

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

In related news, insider Geoff Acton acquired 91,786 shares of the company’s stock in a transaction dated Friday, June 28th. The shares were bought at an average cost of A$0.75 ($0.53) per share, with a total value 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.

See Also: Cost of Goods Sold (COGS)

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