NanoXplore Inc. (TSE:GRA - Get Free Report)'s share price reached a new 52-week high on Tuesday . The stock traded as high as C$3.10 and last traded at C$3.10, with a volume of 102263 shares trading hands. The stock had previously closed at C$3.00.
Analyst Ratings Changes
GRA has been the subject of a number of recent research reports. Royal Bank Of Canada downgraded shares of NanoXplore from an "outperform" rating to a "sector perform" rating and reduced their price objective for the stock from C$3.00 to C$2.50 in a research note on Wednesday, May 21st. National Bank Financial raised shares of NanoXplore to a "hold" rating in a report on Sunday, June 8th. Finally, National Bankshares downgraded shares of NanoXplore from an "outperform" rating to a "sector perform" rating and decreased their price objective for the company from C$3.00 to C$2.80 in a report on Thursday, May 22nd. Four research analysts have rated the stock with a hold rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, NanoXplore presently has an average rating of "Hold" and a consensus price target of C$2.77.
Read Our Latest Stock Analysis on GRA
NanoXplore Stock Performance
The firm's 50 day moving average price is C$2.49 and its two-hundred day moving average price is C$2.45. The company has a debt-to-equity ratio of 21.81, a quick ratio of 2.01 and a current ratio of 2.22. The firm has a market cap of C$519.14 million, a PE ratio of -46.67 and a beta of 1.26.
NanoXplore Company Profile
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NanoXplore Inc is a graphene company, manufacturer, and supplier of high-volume graphene powder for use in industrial markets. The company provides graphene-enhanced plastic and composite products to various customers in transportation, packaging, electronics, and other industrial sectors. Geographically, it generates a majority of revenue from the United States.
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