NMGX (Nano Magic) Float Percentage Of Total Shares Outstanding: 60.63% (As of Jul. 12, 2026)


What is Nano Magic Float Percentage Of Total Shares Outstanding?

Nano Magic NMGX Float Percentage Of Total Shares Outstanding is 60.63% as of Jul. 12, 2026.

Float percentage of total shares outstanding is the percentage of float shares relative to the total shares outstanding. As of today, Nano Magic's float shares is 8.85 Mil. Nano Magic's total shares outstanding is 14.60 Mil. Nano Magic's float percentage of total shares outstanding is 60.63%.

Insider Ownership is the percentage of shares that are owned by company insiders relative to the total shares outstanding. As of today, Nano Magic's Insider Ownership is 1.14%.

Institutional Ownership is the percentage of shares that are owned by institutions out of the total shares outstanding. As of today, Nano Magic's Institutional Ownership is 0.12%.

Nano Magic Float Percentage Of Total Shares Outstanding Calculation

It is the percentage of float shares out of the total shares outstanding.

Nano Magic's Float Percentage of Total Shares Outstanding for today is calculated as follows:

Float Percentage of Total Shares Outstanding=Float Shares/Total Shares Outstanding
=8.85/14.60
=60.63%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Float Percentage Of Total Shares Outstanding of 60.63% mean?
Nano Magic (NMGX) has a Float Percentage Of Total Shares Outstanding of 60.63% as of Jul. 12, 2026. Float percent of shares outstanding equals the percent of float shares relative to total shares. View historical data on Nano Magic and its competitors.
Is Nano Magic's Float Percentage Of Total Shares Outstanding too high?
Nano Magic's current Float Percentage Of Total Shares Outstanding is 60.63%.
How does Nano Magic's Float Percentage Of Total Shares Outstanding compare to CNEY and BGLC?
Nano Magic's Float Percentage Of Total Shares Outstanding of 60.63% can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Float Percentage Of Total Shares Outstanding for a Chemicals company?
A good Float Percentage Of Total Shares Outstanding depends on the Chemicals industry context. However, Float Percentage Of Total Shares Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Float Percentage Of Total Shares Outstanding mean?
A high Float Percentage Of Total Shares Outstanding can signal that a stock is expensive relative to its fundamentals. Float percent of shares outstanding equals the percent of float shares relative to total shares. View historical data on Nano Magic and its competitors. Nano Magic's current Float Percentage Of Total Shares Outstanding is 60.63%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nano Magic stock overvalued right now?
Nano Magic (NMGX) has a current Float Percentage Of Total Shares Outstanding of 60.63%. The current Float Percentage Of Total Shares Outstanding is 60.63%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Float Percentage Of Total Shares Outstanding calculated?
Float Percentage Of Total Shares Outstanding is calculated from a company's financial statements. For Nano Magic (NMGX), the current Float Percentage Of Total Shares Outstanding is 60.63% as of Jul. 12, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Nano Magic Business Description

Address 31601 Research Park Drive, Madison Heights, MI, USA, 48071
Nano Magic Inc is engaged in the marketing and sale of products enabled by nanotechnology. It develops and sells products based on its portfolio of intellectual property and its products include a portfolio of nano-layer coatings, nano-based cleaners, printable inks, pastes, and thermal management materials. Its products can be used on eyeglasses, extreme sports, and safety glasses and goggles, electronic screens, windows, mirrors, shower doors, and cleaning everyday household surfaces. The majority of revenue is from the United States.