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Nanophase Technologies (OTCMKTS:NANX) Stock Price Crosses Above 50 Day Moving Average - Here's Why

Nanophase Technologies logo with Consumer Staples background

Nanophase Technologies Co. (OTCMKTS:NANX - Get Free Report)'s share price passed above its 50-day moving average during trading on Monday . The stock has a 50-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 changing hands.

Nanophase Technologies Stock Up 8.1 %

The business has a 50 day moving average price of $2.27 and a two-hundred day moving average price of $1.79. The stock has a market cap of $170.75 million, a P/E ratio of 122.21 and a beta of 1.21.

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

Nanophase Technologies Company Profile

(Get Free Report)

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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