Nanophase Technologies (OTCMKTS:NANX) Shares Pass Above Fifty Day Moving Average – Should You Sell?

Shares of Nanophase Technologies Co. (OTCMKTS:NANX) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $2.39 and traded as high as $2.64. Nanophase Technologies shares last traded at $2.64, with a volume of 13,501 shares trading hands.

Nanophase Technologies Stock Down 0.2 %

The company has a market cap of $183.99 million, a PE ratio of 131.69 and a beta of 1.26. The firm has a 50 day simple moving average of $2.43 and a 200-day simple moving average of $1.84.

Nanophase Technologies (OTCMKTS:NANX) last issued its quarterly earnings data on Wednesday, October 30th. The industrial products company reported $0.04 earnings per share (EPS) for the quarter. Nanophase Technologies had a net margin of 5.59% and a return on equity of 31.49%. The firm had revenue of $16.87 million for the quarter.

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.