Nano Magic (NMGX) Stock Price, News & Analysis

Company Overview

Nano Magic Inc. develops, commercializes, and markets consumer and industrial products using nanotechnology in the United States and Canada. The company offers liquid and towelette formulations for cleaning and protecting clear surfaces, such as electronic touchscreens, windshields, windows, mirrors, shower doors, eyeglasses, and sunglass lenses; liquid formulation packaged for retail and industrial sale for cleaning surfaces; and anti-fogging liquid and towelette formulations for sporting product applications and goggles. It also provides anti-fogging towelettes to the military and first responders for safety, anti-fogging, and conditioning of lenses; mar-resistant and stain-resistant coatings for porcelain and ceramic surfaces; and clear protective coatings used on display panels and touch screens to remove fingerprints. In addition, the company offers protective and water repelling coatings for interior and exterior glass, and ceramic surfaces to clean and prevent scale and grime encrustation. It markets and sells its products directly to customers and retailers; and through distributors. The company was formerly known as Nano Magic Holdings Inc. and changed its name to Nano Magic Inc. in December 2022. Nano Magic Inc. is headquartered in Madison Heights, Michigan.

Key Stats

• Today's Range: $0.43 to $0.43
• 50-Day Range: $0.43 to $0.77
• 52-Week Range: $0.30 to $2.00
• Volume: 112 shs
• Average Volume: 4,281 shs
• Market Capitalization: $5.96 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

NMGX Stock Analysis - Frequently Asked Questions

How have NMGX shares performed this year?

Nano Magic's stock was trading at $0.65 at the beginning of the year. Since then, NMGX shares have decreased by 34.6% and is now trading at $0.4252.
View the best growth stocks for 2024 here.

How were Nano Magic's earnings last quarter?

Nano Magic Inc. (OTCMKTS:NMGX) released its quarterly earnings results on Tuesday, August, 22nd. The company reported ($0.11) earnings per share (EPS) for the quarter. The business earned $2 million during the quarter. Nano Magic had a negative net margin of 149.98% and a negative trailing twelve-month return on equity of 871.01%.

How do I buy shares of Nano Magic?

Shares of NMGX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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What other stocks do shareholders of Nano Magic own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Nano Magic investors own include Enterprise Products Partners (EPD), Chevron (CVX), DuPont de Nemours (DD), DOW (DOW), Honeywell International (HON), Medtronic (MDT) and Meta Platforms (META).

Company Calendar

• Last Earnings: 8/22/2017
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Computer and Technology
• Industry: Coating, engraving, & allied services
• Sub-Industry: Fabricated Products
• Current Symbol: OTCMKTS:NMGX
• CUSIP: N/A
• CIK: 891417
• Web: www.nanomagic.com
• Phone: (844) 273-6462
• Fax: 512-339-5021
• Employees: 40
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($0.29)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-2,860,000.00
• Net Margins: -149.98%
• Pretax Margin: -149.98%
• Return on Equity: -871.01%
• Return on Assets: -139.51%

Debt

• Debt-to-Equity Ratio: 0.24
• Current Ratio: 0.54
• Quick Ratio: 0.17

Sales & Book Value

• Annual Sales: $2.78 million
• Price / Sales: 2.14
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.10 per share
• Price / Book: 4.25

Miscellaneous

• Outstanding Shares: 14,009,000
• Free Float: 8,184,000
• Market Cap: $5.96 million
• Optionable: Not Optionable
• Beta: 36.54