Nanophase Technologies (OTCMKTS:NANX) Stock Crosses Above Fifty Day Moving Average – Here’s What Happened

by · The Cerbat Gem

Nanophase Technologies Co. (OTCMKTS:NANX – Get Free Report)’s share price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $2.26 and traded as high as $2.36. Nanophase Technologies shares last traded at $2.26, with a volume of 3,731 shares trading hands.

Nanophase Technologies Trading Up 8.1 %

The business has a fifty day moving average price of $2.29 and a two-hundred day moving average price of $1.80. The firm has a market capitalization of $170.75 million, a PE ratio of 122.21 and a beta of 1.21.

Nanophase Technologies (OTCMKTS:NANX – Get Free Report) last announced its earnings results on Wednesday, October 30th. The industrial products company reported $0.04 earnings per share for the quarter. The company had revenue of $16.87 million during the quarter. Nanophase Technologies had a net margin of 5.59% and a return on equity of 31.49%.

About Nanophase Technologies

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Nanophase Technologies Corporation, a science-driven company, develops, manufactures, and sells integrated family of nanomaterial technologies in the United States. It engages in engineered materials, formulation development, and commercial manufacturing. The company produces engineered nanomaterial products comprising antimony, bismuth, cerium, iron, and zinc oxide for use in a various markets, including surface finishing,exterior coatings, personal care, plastics, scratch resistant coatings, and textiles.

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