Insider Buying: Nanophase Technologies Co. (NANX) Major Shareholder Purchases 2,500,000 Shares of Stock

Nanophase Technologies Co. (OTCMKTS:NANX) major shareholder Bradford T. Whitmore acquired 2,500,000 shares of Nanophase Technologies stock in a transaction that occurred on Tuesday, December 19th. The stock was bought at an average price of $0.40 per share, for a total transaction of $1,000,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Shares of Nanophase Technologies Co. (NANX) traded up $0.06 on Thursday, reaching $0.50. 11,581 shares of the company traded hands, compared to its average volume of 17,268. Nanophase Technologies Co. has a 12-month low of $0.35 and a 12-month high of $0.78. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.44 and a current ratio of 1.85.

Nanophase Technologies (OTCMKTS:NANX) last issued its quarterly earnings data on Wednesday, October 25th. The industrial products company reported ($0.02) earnings per share (EPS) for the quarter. The company had revenue of $2.79 million during the quarter. Nanophase Technologies had a negative net margin of 10.52% and a negative return on equity of 46.77%.

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About Nanophase Technologies

Nanophase Technologies Corporation is a materials and applications developer and commercial manufacturer with an integrated family of materials technologies. The Company produces engineered nano and sub-micron materials for use in a range of markets, including personal care, including sunscreens, architectural coatings, industrial coating applications, abrasion-resistant additives, plastics additives, medical diagnostics, energy, and a range of surface finishing technologies (polishing) applications, including optics.

Insider Buying and Selling by Quarter for Nanophase Technologies (OTCMKTS:NANX)

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