NanoXplore (TSE:GRA – Free Report) had its price objective raised by Royal Bank Of Canada from C$1.75 to C$2.00 in a research report sent to investors on Wednesday morning,BayStreet reports. They currently have a sector perform rating on the stock.
Separately, National Bank Financial decreased their price target on NanoXplore from C$2.80 to C$2.20 and set a “sector perform” rating for the company in a research note on Thursday, September 17th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of C$2.73.
Read Our Latest Stock Report on GRA
NanoXplore Trading Up 11.0%
TSE:GRA opened at C$1.61 on Wednesday. The company’s 50 day moving average price is C$1.38 and its 200-day moving average price is C$1.77. NanoXplore has a 52 week low of C$1.06 and a 52 week high of C$2.86. The company has a quick ratio of 2.01, a current ratio of 2.48 and a debt-to-equity ratio of 44.37. The stock has a market cap of C$292.19 million, a price-to-earnings ratio of -23.00 and a beta of -0.47.
NanoXplore (TSE:GRA – Get Free Report) last announced its quarterly earnings data on Tuesday, November 10th. The company reported C($0.02) earnings per share for the quarter. NanoXplore had a negative return on equity of 10.17% and a negative net margin of 9.27%. The firm had revenue of C$31.81 million during the quarter. On average, equities research analysts forecast that NanoXplore will post 0.02 earnings per share for the current fiscal year.
NanoXplore Company Profile
NanoXplore is a graphene company and the largest manufacturer and supplier of high-volume graphene powder for use in multiple end markets with up to 5,000 tonnes of annual production capacity. The Corporation also provides standard and custom graphene-enhanced plastic and composite products to customers in the recreational vehicle, transportation, packaging, electronics, and other industrial sectors, and manufactures silicon-graphene-enhanced Li-ion batteries for the energy storage, industrial, and defense markets.
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