Nano Magic (OTCMKTS:NMGX) Shares Up 26% – What’s Next?

Shares of Nano Magic Inc. (OTCMKTS:NMGX) traded up 26% during mid-day trading on Monday . The company traded as high as $0.63 and last traded at $0.63. 855 shares changed hands during trading, a decline of 75% from the average session volume of 3,469 shares. The stock had previously closed at $0.50.

Nano Magic Stock Up 26.0 %

The company has a 50 day simple moving average of $0.56 and a 200 day simple moving average of $0.62. The company has a market capitalization of $9.08 million, a price-to-earnings ratio of -2.17 and a beta of 39.19.

Nano Magic Company Profile

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.