Nanophase Technologies (OTCMKTS:NANX) Issues Quarterly Earnings Results

Nanophase Technologies (OTCMKTS:NANX - Get Free Report) issued its quarterly earnings data on Wednesday. The industrial products company reported ($0.01) EPS for the quarter, Zacks reports. The business had revenue of $12.57 million during the quarter. Nanophase Technologies had a return on equity of 31.49% and a net margin of 5.59%.

Nanophase Technologies Stock Down 10.6 %

Shares of OTCMKTS NANX traded down $0.25 during midday trading on Friday, reaching $2.09. 308,008 shares of the stock were exchanged, compared to its average volume of 38,470. The firm has a 50-day simple moving average of $2.72 and a two-hundred day simple moving average of $2.33. The firm has a market cap of $145.97 million, a price-to-earnings ratio of 104.30 and a beta of 1.36. Nanophase Technologies has a twelve month low of $0.67 and a twelve month high of $3.15.

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.