Nano Magic (OTCMKTS:NMGX) Trading Up 12.5%

Nano Magic Inc. (OTCMKTS:NMGXGet Free Report) shares rose 12.5% on Tuesday . The company traded as high as $0.40 and last traded at $0.40. Approximately 3,000 shares changed hands during mid-day trading, an increase of 110% from the average daily volume of 1,427 shares. The stock had previously closed at $0.36.

Nano Magic Stock Performance

The stock has a 50 day moving average of $0.51 and a two-hundred day moving average of $0.66. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.02 and a quick ratio of 0.38.

About Nano Magic

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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 safety glasses and sporting googles, as well as protective eye wear, including face shields.

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