NanoXplore Inc. (TSE:GRA) Director Soroush Nazarpour Acquires 10,000 Shares

NanoXplore Inc. (TSE:GRA) Director Soroush Nazarpour bought 10,000 shares of the business’s stock in a transaction that occurred on Monday, November 20th. The shares were bought at an average cost of C$2.00 per share, with a total value of C$20,000.00.

Soroush Nazarpour also recently made the following trade(s):

• On Wednesday, November 15th, Soroush Nazarpour acquired 5,000 shares of NanoXplore stock. The shares were bought at an average cost of C$2.05 per share, with a total value of C$10,250.00.
• On Thursday, November 9th, Soroush Nazarpour bought 5,000 shares of NanoXplore stock. The stock was purchased at an average cost of C$2.04 per share, for a total transaction of C$10,200.00.

NanoXplore Price Performance

Shares of TSE:GRA opened at C$2.02 on Tuesday. The company has a market cap of C$342.15 million, a price-to-earnings ratio of -33.67 and a beta of 1.16. NanoXplore Inc. has a 12 month low of C$1.98 and a 12 month high of C$3.57. The company has a current ratio of 2.48, a quick ratio of 2.01 and a debt-to-equity ratio of 20.62. The company has a 50-day moving average price of C$2.47 and a 200 day moving average price of C$2.94.

NanoXplore (TSE:GRA) last posted its quarterly earnings data on Monday, September 11th. The company reported C($0.01) earnings per share (EPS) for the quarter, meeting the consensus estimate of C($0.01). The business had revenue of C$33.32 million during the quarter, compared to analyst estimates of C$31.74 million. NanoXplore had a negative return on equity of 9.44% and a negative net margin of 8.44%. As a group, equities research analysts predict that NanoXplore Inc. will post 0.02 earnings per share for the current year.

Analyst Upgrades and Downgrades

GRA has been the subject of several research analyst reports. National Bankshares cut their price target on NanoXplore from C$5.00 to C$4.00 and set an “outperform” rating for the company in a report on Wednesday, November 8th. Raymond James lowered their target price on NanoXplore from C$4.50 to C$4.00 and set an “outperform” rating for the company in a research report on Friday, November 10th.

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.