Nanophase Technologies (OTCMKTS:NANX) Stock Crosses Above Fifty Day Moving Average of $0.31

Nanophase Technologies Co. (OTCMKTS:NANX)’s share price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $0.31 and traded as high as $0.36. Nanophase Technologies shares last traded at $0.34, with a volume of 311 shares trading hands.

The company has a debt-to-equity ratio of 2.40, a quick ratio of 0.57 and a current ratio of 1.03. The company has a 50 day moving average of $0.31 and a two-hundred day moving average of $0.36. The stock has a market cap of $12.59 million, a PE ratio of -3.56 and a beta of 0.43.

Nanophase Technologies (OTCMKTS:NANX) last announced its quarterly earnings results on Thursday, November 14th. The industrial products company reported ($0.02) earnings per share for the quarter. Nanophase Technologies had a negative net margin of 23.59% and a negative return on equity of 224.60%. The business had revenue of $3.07 million during the quarter.

About Nanophase Technologies (OTCMKTS:NANX)

Nanophase Technologies Corporation develops and manufactures advanced materials and applications with an integrated nanomaterial and related technologies. It produces engineered nano and non-nano materials for use in various markets, which comprise personal care consisting of sunscreens as active ingredients and in formulated cosmetics; and architectural coatings, industrial coating applications, abrasion-resistant additives, plastics additives, medical diagnostics, and energy, as well as various surface finishing technology applications, such as optics.

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