Nanophase Technologies (OTCMKTS:NANX) Issues Quarterly Earnings Results

Nanophase Technologies (OTCMKTS:NANX) released its earnings results on Wednesday. The industrial products company reported ($0.01) earnings per share (EPS) for the quarter, Zacks reports. Nanophase Technologies had a return on equity of 31.49% and a net margin of 5.59%.

Nanophase Technologies Stock Performance

Shares of OTCMKTS:NANX traded up $0.06 during midday trading on Wednesday, hitting $2.93. 70,751 shares of the stock were exchanged, compared to its average volume of 25,003. The business’s fifty day simple moving average is $2.73 and its two-hundred day simple moving average is $2.31. Nanophase Technologies has a 52-week low of $0.67 and a 52-week high of $3.15. The company has a market capitalization of $204.89 million, a PE ratio of 146.40 and a beta of 1.36.

About Nanophase Technologies

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.