Nanophase Technologies Reports Latest Earnings Results

Nanophase Technologies (OTCMKTS:NANX) released its quarterly earnings results on Wednesday. The company, which specializes in industrial products, reported earnings of ($0.01) per share for the quarter, according to Zacks. In addition to this, Nanophase Technologies recorded a net margin of 5.59% and a return on equity of 31.49%.

Price Performance of Nanophase Technologies

During mid-day trading on Wednesday, NANX stock saw a slight increase, rising by $0.01 to reach a price of $2.87. A total of 2,936 shares were traded, which is lower than the average trading volume of 24,219 shares. Over the last fifty days, the stock has maintained a moving average price of $2.73 and a 200-day moving average price of $2.31. The stock has experienced a 12-month low of $0.67 and a high of $3.15. With a market capitalization of approximately $200.93 million and a price-to-earnings ratio of 143.57, the stock has a beta of 1.36, indicating its volatility compared to the overall market.

About Nanophase Technologies

Nanophase Technologies Corporation is a science-driven company focused on the development, manufacturing, and sale of a broad range of nanomaterial technologies within the United States. The company specializes in engineered materials, formulation development, and commercial manufacturing. Their lineup includes various engineered nanomaterial products such as antimony, bismuth, cerium, iron, and zinc oxide, which are utilized across several markets, including surface finishing, exterior coatings, personal care, plastics, scratch-resistant coatings, and textiles.

Earnings, Stocks, Performance