NanoXplore (TSE:GRA) Trading 0.9% Higher – Here’s Why

Shares of NanoXplore Inc. (TSE:GRA) traded up 0.9% on Tuesday . The stock traded as high as C$2.23 and last traded at C$2.23. 17,975 shares were traded during trading, a decline of 71% from the average session volume of 62,064 shares. The stock had previously closed at C$2.21.

Wall Street Analysts Forecast Growth

Separately, Ventum Cap Mkts upgraded NanoXplore to a “strong-buy” rating in a report on Thursday, September 12th.

NanoXplore Price Performance

The company has a 50 day moving average price of C$2.34 and a 200 day moving average price of C$2.38. The company has a current ratio of 2.08, a quick ratio of 2.01 and a debt-to-equity ratio of 19.36. The company has a market capitalization of C$380.46 million, a P/E ratio of -31.86 and a beta of 1.26.

About NanoXplore

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.