Nanophase Technologies (OTCMKTS:NANX) Trading Up 3% – Here’s What Happened

Nanophase Technologies Co. (OTCMKTS:NANX) shot up 3% during trading on Friday . The stock traded as high as $2.82 and last traded at $2.73. 105,700 shares traded hands during mid-day trading, an increase of 400% from the average session volume of 21,152 shares. The stock had previously closed at $2.65.

Nanophase Technologies Price Performance

The business’s 50-day simple moving average is $1.97 and its two-hundred day simple moving average is $1.67. The stock has a market capitalization of $149.77 million, a price-to-earnings ratio of 136.57 and a beta of 1.21.

Nanophase Technologies (OTCMKTS:NANX) last released its quarterly earnings data on Wednesday, October 30th. The industrial products company reported $0.04 EPS for the quarter. Nanophase Technologies had a return on equity of 31.49% and a net margin of 5.59%. The company had revenue of $16.87 million for the quarter.

Nanophase Technologies Company Profile

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.