NanoXplore Inc. (TSE:GRA - Get Free Report)'s stock price rose 2.9% during trading on Monday . The stock traded as high as C$2.32 and last traded at C$2.32. Approximately 39,354 shares changed hands during mid-day trading, a decline of 34% from the average daily volume of 60,022 shares. The stock had previously closed at C$2.25.
Analysts Set New Price Targets
Separately, Ventum Cap Mkts raised shares of NanoXplore to a "strong-buy" rating in a research note on Thursday, September 12th.
View Our Latest Analysis on NanoXplore
NanoXplore Price Performance
The company's 50 day simple moving average is C$2.41 and its 200 day simple moving average is C$2.43. The company has a debt-to-equity ratio of 19.36, a current ratio of 2.08 and a quick ratio of 2.01. The stock has a market cap of C$390.70 million, a P/E ratio of -33.07 and a beta of 1.26.
NanoXplore (TSE:GRA - Get Free Report) last issued its quarterly earnings data on Wednesday, September 18th. The company reported C($0.01) earnings per share (EPS) for the quarter, hitting the consensus estimate of C($0.01). NanoXplore had a negative net margin of 8.97% and a negative return on equity of 10.42%. The company had revenue of C$38.13 million during the quarter, compared to the consensus estimate of C$37.37 million. As a group, equities analysts forecast that NanoXplore Inc. will post 0.02 earnings per share for the current year.
NanoXplore Company Profile
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NanoXplore Inc, a graphene company, manufactures and supplies graphene powder for use in industrial markets. The company offers graphene-based solutions, including GrapheneBlack powder and graphene-enhanced masterbatch pellets. It provides standard and custom graphene-enhanced plastic and composite products to customers in transportation, packaging, electronics, and other industrial sectors.
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