NanoXplore Inc. (TSE:GRA - Get Free Report) rose 1.3% during mid-day trading on Tuesday . The company traded as high as C$2.40 and last traded at C$2.39. Approximately 39,356 shares were traded during mid-day trading, a decline of 59% from the average daily volume of 96,059 shares. The stock had previously closed at C$2.36.
Wall Street Analysts Forecast Growth
Several brokerages have recently commented on GRA. National Bankshares dropped their price target on shares of NanoXplore from C$3.50 to C$3.00 and set an "outperform" rating on the stock in a research note on Thursday, February 13th. Royal Bank of Canada lowered their target price on shares of NanoXplore from C$3.25 to C$3.00 and set an "outperform" rating on the stock in a research report on Thursday, February 13th. Finally, Raymond James cut NanoXplore from an "outperform" rating to a "market perform" rating and reduced their price target for the stock from C$4.00 to C$3.00 in a research report on Thursday, February 13th.
Read Our Latest Report on GRA
NanoXplore Price Performance
The company has a debt-to-equity ratio of 21.81, a current ratio of 2.22 and a quick ratio of 2.01. The stock's 50 day moving average price is C$2.41 and its two-hundred day moving average price is C$2.41. The firm has a market capitalization of C$419.77 million, a price-to-earnings ratio of -37.73 and a beta of 1.26.
About NanoXplore
(
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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.
Further Reading
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