Nanophase Technologies (NANX) Announces Earnings Results

Nanophase Technologies (OTCMKTS:NANX) announced its quarterly earnings results on Wednesday. The industrial products company reported ($0.02) earnings per share for the quarter, 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.

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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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Earnings History for Nanophase Technologies (OTCMKTS:NANX)

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