Nano Magic (OTCMKTS:NMGX) Stock Price Up 37.8% – Should You Buy?

Nano Magic, Inc. (OTCMKTS:NMGXGet Free Report) rose 37.8% during mid-day trading on Monday . The company traded as high as $0.59 and last traded at $0.59. Approximately 192 shares were traded during mid-day trading, a decline of 86% from the average daily volume of 1,381 shares. The stock had previously closed at $0.43.

Nano Magic Stock Up 37.8%

The business’s 50-day moving average price is $0.55 and its 200-day moving average price is $0.60. The firm has a market capitalization of $8.50 million, a PE ratio of -1.74 and a beta of 49.46.

Nano Magic (OTCMKTS:NMGXGet Free Report) last posted its quarterly earnings results on Wednesday, August 13th. The company reported ($0.07) earnings per share (EPS) for the quarter. The firm had revenue of $0.57 million for the quarter.

Nano Magic Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Nano Magic Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nano Magic and related companies with MarketBeat.com's FREE daily email newsletter.