Nanophase Technologies (OTCMKTS:NANX) Reports Quarterly Earnings

Nanophase Technologies (OTCMKTS:NANX - Get Free Report) announced its quarterly earnings on Wednesday, showing an earnings per share (EPS) of ($0.01). According to reports from Zacks, this indicates a loss for the industrial products company during the quarter. Despite the loss, Nanophase Technologies achieved a return on equity of 31.49% and maintained a net margin of 5.59%.

Recent Stock Performance

During trading on Wednesday, NANX stock experienced an uptick of $0.01, reaching a price of $2.87. A total of 2,936 shares changed hands, which is below its average trading volume of 24,219 shares. Presently, the stock has a fifty-day moving average of $2.73 and a 200-day moving average of $2.31. Over the past year, Nanophase Technologies has seen a low of $0.67 and a high of $3.15. The company currently has a market capitalization of $200.93 million, a price-to-earnings ratio of 143.57, and a beta value of 1.36.

Overview of Nanophase Technologies

Nanophase Technologies Corporation is a science-focused company dedicated to the development, manufacturing, and sale of a range of nanomaterial technologies based in the United States. It specializes in engineered materials, formulations, and commercial manufacturing. The company produces various engineered nanomaterial products that include antimony, bismuth, cerium, iron, and zinc oxide. These products are utilized in several markets, including surface finishing, personal care, exterior coatings, plastics, scratch-resistant coatings, and textiles.

Investment Considerations

Before making investment decisions regarding Nanophase Technologies, it is advisable to gather insights from various market experts. Current analyst ratings classify the stock as a Hold, indicating that it might be wise to explore potential alternatives. Analysts have highlighted a selection of other stocks that they believe could be more favorable investments for potential buyers.

This report aims to inform readers about the financial performance of Nanophase Technologies while providing a snapshot of their current stock status and potential investment outlook.

Nanophase, Earnings, Stocks