Nanophase Technologies Reports Quarterly Earnings Results

Nanophase Technologies (OTCMKTS:NANX - Get Free Report) announced its quarterly earnings on Wednesday. The industrial products company reported earnings of ($0.01) per share for the recent quarter, according to Zacks. In addition, Nanophase Technologies achieved a net margin of 5.59% and a return on equity of 31.49%.

Stock Performance of Nanophase Technologies

During mid-day trading on Wednesday, NANX stock increased by $0.01, reaching a price of $2.87. A total of 2,936 shares were traded, which is below its average trading volume of 24,219 shares. The company has a fifty-day moving average price of $2.73 and a 200-day moving average price standing at $2.31. Over the past year, Nanophase Technologies' stock hit a low of $0.67 and a high of $3.15. Currently, the company's market capitalization is approximately $200.93 million, with a price-to-earnings ratio of 143.57 and a beta of 1.36.

Overview of Nanophase Technologies

Nanophase Technologies Corporation is a science-driven business dedicated to the development, manufacturing, and sale of nanomaterial technologies in the United States. The company specializes in engineered materials, formulation development, and commercial manufacturing. Its product line includes engineered nanomaterials such as antimony, bismuth, cerium, iron, and zinc oxide, which serve various applications in markets such as surface finishing, exterior coatings, personal care, plastics, scratch-resistant coatings, and textiles.

Investment Considerations

Before making any investment, potential investors should consider their options carefully. As of now, Nanophase Technologies holds a Hold rating among analysts, while some top-rated experts have identified five other stocks as potentially better investment opportunities. Interested individuals may want to explore these options further.

Earnings, Stocks, Investment