Pedro Azevedo Azevedo Purchases 7,000 Shares of NanoXplore Inc. (TSE:GRA) Stock

NanoXplore Inc. (TSE:GRA) Senior Officer Pedro Azevedo Azevedo acquired 7,000 shares of the firm’s stock in a transaction on Friday, September 27th. The stock was purchased at an average price of C$2.23 per share, with a total value of C$15,610.00.

NanoXplore Stock Performance

TSE GRA opened at C$2.22 on Monday. The company has a market capitalization of C$378.75 million, a PE ratio of -31.71 and a beta of 1.27. The company has a debt-to-equity ratio of 19.36, a quick ratio of 2.01 and a current ratio of 2.08. NanoXplore Inc. has a 52-week low of C$1.87 and a 52-week high of C$2.96. The company has a 50-day simple moving average of C$2.30 and a 200 day simple moving average of C$2.45.

Analyst Upgrades and Downgrades

Separately, Ventum Cap Mkts raised NanoXplore to a “strong-buy” rating in a report on Thursday, September 12th. Four investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, NanoXplore has an average rating of “Buy” and an average price target of C$3.75.

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.