Nano Magic (OTCMKTS:NMGX) Announces Quarterly Earnings Results

Nano Magic (OTCMKTS:NMGX) announced its quarterly earnings results on Tuesday. The company reported ($0.05) EPS for the quarter, Zacks reports. Nano Magic had a negative net margin of 149.98% and a negative return on equity of 871.01%.

Nano Magic Price Performance

NMGX stock traded up $0.01 on Tuesday, reaching $0.67. The company’s stock had a trading volume of 1,500 shares, compared to its average volume of 2,740. Nano Magic has a 52 week low of $0.31 and a 52 week high of $1.00. The company has a market capitalization of $9.71 million, a P/E ratio of -2.32 and a beta of 48.24. The firm has a fifty day moving average of $0.67 and a two-hundred day moving average of $0.60.

About Nano Magic

Nano Magic Inc develops, commercializes, and markets consumer and industrial products using nanotechnology in the United States and Canada. The company offers liquid and towelette formulations for cleaning and protecting clear surfaces, such as electronic touchscreens, windshields, windows, mirrors, shower doors, eyeglasses, and sunglass lenses; liquid formulation packaged for retail and industrial sale for cleaning surfaces; and anti-fogging liquid and towelette formulations for sporting product applications and goggles.