Nocopi Technologies (OTCMKTS:NNUP) Shares Cross Above Two Hundred Day Moving Average – Here’s What Happened

Nocopi Technologies, Inc. (OTCMKTS:NNUP) shares crossed above its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $1.64 and traded as high as $1.75. Nocopi Technologies shares last traded at $1.75, with a volume of 14,705 shares.

Nocopi Technologies Stock Performance

The business’s 50 day simple moving average is $1.69 and its 200-day simple moving average is $1.64.

Nocopi Technologies (OTCMKTS:NNUP) last issued its earnings results on Thursday, November 12th. The company reported $0.11 EPS for the quarter. Nocopi Technologies had a net margin of 15.51% and a return on equity of 4.71%. The company had revenue of $3.33 million during the quarter, compared to analysts’ expectations of $1.73 million. Equities analysts predict that Nocopi Technologies, Inc. will post -0.04 EPS for the current fiscal year.

About Nocopi Technologies

Nocopi Technologies, Inc. develops and commercializes security technologies designed to help authenticate products, documents and other items and deter counterfeiting. Its solutions are intended for brand protection, product authentication and the detection of unauthorized duplication or alteration. The company’s offerings have included specialty security inks, coatings and marking technologies. These products can be incorporated into labels, packaging, printed materials and other items, allowing authentication through visible, covert or machine-readable features.