Nanophase Technologies (OTCMKTS:NANX) Issues Quarterly Earnings Results

Nanophase Technologies (OTCMKTS:NANX) posted its earnings results on Wednesday. The industrial products company reported ($0.01) EPS for the quarter, Zacks reports. The business had revenue of $12.57 million during the quarter. Nanophase Technologies had a net margin of 5.59% and a return on equity of 31.49%.

Nanophase Technologies Trading Down 20.3 %

Shares of NANX opened at $2.33 on Friday. The firm has a market cap of $163.30 million, a P/E ratio of 116.68 and a beta of 1.36. The company’s 50-day moving average price is $2.73 and its 200 day moving average price is $2.31. Nanophase Technologies has a 12-month low of $0.67 and a 12-month high of $3.15.

Nanophase Technologies Company Profile

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.