Nanophase Technologies Co. (OTCMKTS:NANX) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $0.35 and traded as high as $0.40. Nanophase Technologies shares last traded at $0.33, with a volume of 11,985 shares changing hands.
Separately, ValuEngine upgraded Nanophase Technologies from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd.
The company has a fifty day moving average price of $0.34 and a two-hundred day moving average price of $0.46. The company has a quick ratio of 0.73, a current ratio of 1.23 and a debt-to-equity ratio of 1.44.
About Nanophase Technologies (OTCMKTS:NANX)
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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