Nanotech Security (NTS) Reaches New 52-Week Low at $0.50

Nanotech Security Corp (CVE:NTS) shares reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$0.50 and last traded at C$0.50, with a volume of 30605 shares traded. The stock had previously closed at C$0.54.

Separately, Echelon Wealth Partners upgraded Nanotech Security from a “hold” rating to a “speculative buy” rating in a research note on Thursday, May 9th.

The company has a market capitalization of $41.95 million and a PE ratio of -22.73.

Nanotech Security (CVE:NTS) last released its quarterly earnings results on Thursday, February 21st. The company reported C($0.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C($0.01) by C($0.01). The company had revenue of C$1.72 million during the quarter, compared to analysts’ expectations of C$1.86 million. As a group, analysts expect that Nanotech Security Corp will post 0.01 earnings per share for the current year.

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Nanotech Security Company Profile (CVE:NTS)

Nanotech Security Corp. researches, creates, and produces nano-optic structures and color shifting materials in Canada and internationally. The company's materials are used in authentication and brand enhancement applications for various markets, such as banknotes, tax stamps, secure government documents, commercial branding, and pharmaceutical industry.

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