NanoXplore Inc. (TSE:GRA - Get Free Report)'s stock price dropped 0.6% on Monday . The stock traded as low as C$3.07 and last traded at C$3.08. Approximately 30,932 shares changed hands during trading, a decline of 68% from the average daily volume of 96,853 shares. The stock had previously closed at C$3.10.
Analyst Ratings Changes
GRA has been the topic of several recent research reports. National Bank Financial upgraded NanoXplore to a "hold" rating in a report on Sunday, June 8th. Royal Bank Of Canada lowered NanoXplore from an "outperform" rating to a "sector perform" rating and decreased their price target for the company from C$3.00 to C$2.50 in a report on Wednesday, May 21st. Finally, National Bankshares lowered NanoXplore from an "outperform" rating to a "sector perform" rating and decreased their price target for the company from C$3.00 to C$2.80 in a report on Thursday, May 22nd. One analyst has rated the stock with a Strong Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat, NanoXplore has a consensus rating of "Hold" and an average target price of C$2.77.
Read Our Latest Research Report on NanoXplore
NanoXplore Stock Performance
The company has a quick ratio of 2.01, a current ratio of 2.22 and a debt-to-equity ratio of 21.81. The business has a 50 day simple moving average of C$2.82 and a two-hundred day simple moving average of C$2.54. The firm has a market cap of C$525.47 million, a PE ratio of -51.33 and a beta of 0.50.
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.
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