Nanophase Technologies Co. (OTCMKTS:NANX - Get Free Report) saw a significant decline in short interest in the month of October. As of October 15th, there was short interest totalling 700 shares, a decline of 56.3% from the September 30th total of 1,600 shares. Based on an average daily trading volume, of 9,200 shares, the days-to-cover ratio is currently 0.1 days.
Nanophase Technologies Stock Up 0.3 %
NANX stock traded up $0.01 on Friday, reaching $1.54. 8,034 shares of the company traded hands, compared to its average volume of 10,382. The company has a market cap of $84.23 million, a P/E ratio of -30.80 and a beta of 1.11. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.76 and a quick ratio of 0.75. Nanophase Technologies has a one year low of $0.40 and a one year high of $1.76. The firm has a fifty day simple moving average of $1.57 and a 200-day simple moving average of $1.47.
Nanophase Technologies (OTCMKTS:NANX - Get Free Report) last posted its quarterly earnings results on Tuesday, August 6th. The industrial products company reported $0.01 earnings per share for the quarter. The firm had revenue of $13.05 million during the quarter. Nanophase Technologies had a negative return on equity of 31.86% and a negative net margin of 4.65%.
About Nanophase Technologies
(
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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Nanophase Technologies, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Nanophase Technologies wasn't on the list.
While Nanophase Technologies currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
