NanoXplore (TSE:GRA) Sets New 12-Month Low – Time to Sell?

NanoXplore Inc. (TSE:GRA)’s stock price hit a new 52-week low during trading on Monday . The company traded as low as C$1.81 and last traded at C$1.89, with a volume of 67080 shares trading hands. The stock had previously closed at C$1.86.

Analyst Ratings Changes

Separately, Ventum Financial raised their price target on NanoXplore from C$3.50 to C$4.00 and gave the stock a “buy” rating in a report on Monday, January 12th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, NanoXplore presently has a consensus rating of “Hold” and a consensus price target of C$3.10.

NanoXplore Trading Down 1.5%

The firm has a market capitalization of C$359.23 million, a price-to-earnings ratio of -28.29 and a beta of -0.05. The business’s 50 day moving average price is C$2.37 and its 200-day moving average price is C$2.53. The company has a debt-to-equity ratio of 37.71, a current ratio of 3.24 and a quick ratio of 2.01.

NanoXplore (TSE:GRA) last announced its quarterly earnings data on Tuesday, February 10th. The company reported C($0.02) earnings per share for the quarter. NanoXplore had a negative net margin of 10.36% and a negative return on equity of 11.28%. The business had revenue of C$27.58 million during the quarter. Equities analysts forecast that NanoXplore Inc. will post 0.02 EPS for the current fiscal year.

NanoXplore Company Profile

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.