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Nanophase Technologies (OTCMKTS:NANX) Shares Cross Above Two Hundred Day Moving Average - Here's Why

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Nanophase Technologies Co. (OTCMKTS:NANX - Get Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $2.20 and traded as high as $2.55. Nanophase Technologies shares last traded at $2.51, with a volume of 12,848 shares changing hands.

Nanophase Technologies Price Performance

The company has a market cap of $163.83 million, a price-to-earnings ratio of 117.06 and a beta of 1.36. The business's fifty day moving average price is $2.70 and its 200 day moving average price is $2.22.

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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