Nanophase Technologies (OTCMKTS:NANX) Issues Earnings Results

Nanophase Technologies (OTCMKTS:NANX) announced its quarterly earnings data on Tuesday. The industrial products company reported $0.01 earnings per share (EPS) for the quarter, reports. Nanophase Technologies had a negative return on equity of 63.65% and a negative net margin of 6.18%. The business had revenue of $9.87 million for the quarter.

Nanophase Technologies Stock Up 8.4 %

Shares of NANX opened at $1.16 on Thursday. Nanophase Technologies has a twelve month low of $0.32 and a twelve month high of $1.49. The company has a current ratio of 1.05, a quick ratio of 0.40 and a debt-to-equity ratio of 3.15. The business’s 50-day moving average price is $0.78 and its 200-day moving average price is $0.73.

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.