NanoXplore (TSE:GRA – Get Free Report) announced its quarterly earnings results on Wednesday. The company reported C($0.01) earnings per share for the quarter, FiscalAI reports. The business had revenue of C$32.35 million for the quarter. NanoXplore had a negative return on equity of 11.28% and a negative net margin of 10.30%.
NanoXplore Stock Down 3.8%
NanoXplore stock traded down C$0.08 during midday trading on Friday, hitting C$2.04. 45,778 shares of the company were exchanged, compared to its average volume of 216,187. The company has a market cap of C$370.12 million, a PE ratio of -29.14 and a beta of 0.08. NanoXplore has a fifty-two week low of C$1.67 and a fifty-two week high of C$3.34. The company’s fifty day moving average price is C$2.06 and its 200-day moving average price is C$2.26. The company has a debt-to-equity ratio of 37.71, a current ratio of 3.24 and a quick ratio of 2.01.
Insider Activity at NanoXplore
In other news, insider Rocco Marinaccio acquired 53,000 shares of the company’s stock in a transaction dated Wednesday, March 25th. The shares were bought at an average price of C$1.91 per share, for a total transaction of C$101,230.00. Following the completion of the purchase, the insider directly owned 290,830 shares of the company’s stock, valued at approximately C$555,485.30. This trade represents a 22.28% increase in their position. Also, insider Pedro Azevedo Azevedo bought 58,000 shares of NanoXplore stock in a transaction dated Wednesday, March 25th. The shares were purchased at an average cost of C$1.91 per share, for a total transaction of C$110,780.00. Following the completion of the transaction, the insider owned 85,000 shares of the company’s stock, valued at approximately C$162,350. This represents a 214.81% increase in their position. Insiders acquired 116,000 shares of company stock valued at $221,510 in the last ninety days. 29.82% of the stock is owned by corporate insiders.
About NanoXplore
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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