Nanophase Technologies (OTCMKTS:NANX) Issues Earnings Results

Nanophase Technologies (OTCMKTS:NANX) announced its quarterly earnings results on Wednesday. The industrial products company reported ($0.01) earnings per share (EPS) for the quarter, Zacks reports. Nanophase Technologies had a return on equity of 31.49% and a net margin of 5.59%.

Nanophase Technologies Price Performance

OTCMKTS:NANX traded up $0.01 during mid-day trading on Wednesday, reaching $2.87. 2,936 shares of the company’s stock traded hands, compared to its average volume of 24,219. The firm has a market capitalization of $200.93 million, a price-to-earnings ratio of 143.57 and a beta of 1.36. Nanophase Technologies has a 12-month low of $0.67 and a 12-month high of $3.15. The company has a 50 day moving average price of $2.73 and a 200-day moving average price of $2.31.

About Nanophase Technologies

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.