Nano Magic Stock Price, News & Analysis
Company Description
Nano Magic (OTC Link: NMGX) is a publicly traded specialty chemicals company in the Basic Materials sector. The company has a market capitalization of $7.1M.
NMGX stock has declined 82.2% over the past year. Shares last traded at $0.0980.
On a trailing twelve-month basis, Nano Magic reported revenue of $2.8M with net income of -$2.9M and diluted earnings per share of $-0.25. The company operates at a net profit margin of -102.6%.
This page provides a comprehensive overview of NMGX stock, including real-time price data, latest news, SEC filings, insider trading activity, financial highlights, upcoming events, and short interest trends.
Stock Performance
Nano Magic (NMGX) stock last traded at $0.0980. Over the past 12 months, the stock has lost 82.2%. At a market capitalization of $7.1M, NMGX is classified as a micro-cap stock with approximately 14.6M shares outstanding.
Latest News
Nano Magic has 10 recent news articles. Of the recent coverage, 4 articles coincided with positive price movement and 1 with negative movement. Key topics include conferences, partnership. View all NMGX news →
SEC Filings
Financial Highlights
Nano Magic generated $2.8M in revenue over the trailing twelve months, retaining a 13.1% gross margin, operating income reached -$2.8M (-102.1% operating margin), and net income was -$2.9M, reflecting a -102.6% net profit margin. Diluted earnings per share stood at $-0.25. The company generated -$1.5M in operating cash flow. With a current ratio of 1.37, the company maintains adequate short-term liquidity.
Upcoming Events
Short Interest History
Short interest in Nano Magic (NMGX) currently stands at 5.2 thousand shares, up 2.0% from the previous reporting period, representing 0.1% of the float. This relatively low short interest suggests limited bearish sentiment.
Days to Cover History
Days to cover for Nano Magic (NMGX) currently stands at 1.0 days, down 84.1% from the previous period. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed. The days to cover has decreased 82.3% over the past year, suggesting improved liquidity for short covering. The ratio has shown significant volatility over the period, ranging from 1.0 to 377.1 days.
NMGX Company Profile & Sector Positioning
Nano Magic (NMGX) operates in the Specialty Chemicals industry within the broader Basic Materials sector and is listed on the OTC Link.
Investors comparing NMGX often look at related companies in the same sector, including California Nanotechnologies Co (CANOF), FendX Technologies Inc (FDXTF), Greystone Logist (GLGI), Hydromer (HYDI), and Crown Electr (CRKN). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate NMGX's relative position within its industry.