NanoXplore Inc. (TSE:GRA - Get Free Report)'s share price 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 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
A number of equities research analysts recently commented on GRA shares. Raymond James downgraded shares of NanoXplore from an "outperform" rating to a "market perform" rating and reduced their price objective for the company from C$4.00 to C$3.00 in a research report on Thursday, February 13th. Royal Bank of Canada cut their price objective on NanoXplore from C$3.25 to C$3.00 and set an "outperform" rating for the company in a research report on Thursday, February 13th. Finally, National Bankshares reduced their target price on NanoXplore from C$3.50 to C$3.00 and set an "outperform" rating for the company in a report on Thursday, February 13th.
View Our Latest Stock Report on GRA
NanoXplore Trading Up 1.3 %
The firm has a market cap of C$409.49 million, a price-to-earnings ratio of -36.81 and a beta of 1.26. The business has a fifty day moving average of C$2.40 and a two-hundred day moving average of C$2.41. The company has a debt-to-equity ratio of 21.81, a quick ratio of 2.01 and a current ratio of 2.22.
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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