NanoXplore (TSE:GRA) Trading 0.9% Higher - Here's What Happened

NanoXplore Inc. (TSE:GRA - Get Free Report)'s stock price traded up 0.9% during mid-day trading on Tuesday . The company traded as high as C$2.23 and last traded at C$2.23. 17,975 shares traded hands during mid-day trading, a decline of 71% from the average session volume of 62,064 shares. The stock had previously closed at C$2.21.

Wall Street Analysts Forecast Growth

Separately, Ventum Cap Mkts upgraded shares of NanoXplore to a "strong-buy" rating in a report on Thursday, September 12th.

NanoXplore Stock Up 0.9 %

The firm has a market capitalization of C$380.46 million, a P/E ratio of -31.86 and a beta of 1.26. The company has a debt-to-equity ratio of 19.36, a quick ratio of 2.01 and a current ratio of 2.08. The firm's 50-day moving average is C$2.34 and its 200 day moving average is C$2.38.

NanoXplore Company Profile

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.