Nano Magic (OTCMKTS:NMGX) Trading Down 1% – Here’s What Happened

Shares of Nano Magic, Inc. (OTCMKTS:NMGXGet Free Report) dropped 1% on Friday . The company traded as low as $0.2624 and last traded at $0.2762. Approximately 4,595 shares traded hands during trading, an increase of 383% from the average daily volume of 952 shares. The stock had previously closed at $0.2790.

Nano Magic Price Performance

The stock has a 50 day simple moving average of $0.45 and a 200-day simple moving average of $0.53. The firm has a market cap of $3.98 million, a PE ratio of -0.92 and a beta of 55.75.

Nano Magic (OTCMKTS:NMGXGet Free Report) last released its earnings results on Friday, November 21st. The company reported ($0.06) EPS for the quarter. The firm had revenue of $0.53 million during the quarter.

Nano Magic Company Profile

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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 sporting product applications and goggles.

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