Nanophase Technologies (OTCMKTS:NANX) announced its quarterly earnings results on Wednesday. The industrial products company reported ($0.02) earnings per share for the quarter, Morningstar.com reports. Nanophase Technologies had a negative net margin of 14.66% and a negative return on equity of 96.30%. The company had revenue of $3.76 million during the quarter.
OTCMKTS:NANX traded up $0.03 during trading hours on Thursday, reaching $0.53. The company had a trading volume of 11,979 shares, compared to its average volume of 7,042. The company has a current ratio of 1.29, a quick ratio of 0.67 and a debt-to-equity ratio of 0.14. Nanophase Technologies has a one year low of $0.30 and a one year high of $1.10.
In other Nanophase Technologies news, major shareholder Bradford T. Whitmore bought 4,189,000 shares of the business’s stock in a transaction that occurred on Monday, May 13th. The shares were bought at an average cost of $0.40 per share, with a total value of $1,675,600.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 11.30% of the stock is owned by company insiders.
Nanophase Technologies Company Profile
Nanophase Technologies Corporation develops and manufactures advanced materials and applications with an integrated nanomaterial and related technologies. It produces engineered nano and non-nano materials for use in various markets, which comprise personal care consisting of sunscreens as active ingredients and in formulated cosmetics; and architectural coatings, industrial coating applications, abrasion-resistant additives, plastics additives, medical diagnostics, and energy, as well as various surface finishing technology applications, such as optics.
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