NanoXplore (CVE:GRA) Stock Price Up 1.4%

Shares of NanoXplore Inc (CVE:GRA) rose 1.4% on Tuesday . The company traded as high as C$1.46 and last traded at C$1.46, approximately 5,288 shares changed hands during mid-day trading. A decline of 70% from the average daily volume of 17,628 shares. The stock had previously closed at C$1.44.

Separately, Beacon Securities restated a “buy” rating on shares of NanoXplore in a research report on Tuesday, May 28th.

The stock has a market cap of $117.49 million and a price-to-earnings ratio of -18.48. The company’s 50-day simple moving average is C$1.29. The company has a debt-to-equity ratio of 76.56, a quick ratio of 1.95 and a current ratio of 2.34.

NanoXplore (CVE:GRA) last announced its quarterly earnings results on Monday, May 27th. The company reported C($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of C($0.01) by C($0.02). The firm had revenue of C$20.72 million during the quarter, compared to analyst estimates of C$19.51 million. On average, analysts predict that NanoXplore Inc will post -0.03 earnings per share for the current year.

About NanoXplore (CVE:GRA)

NanoXplore, Inc, a graphene company, manufactures and supplies graphene powder for use in industrial markets. It offers graphene-based solutions, including GrapheneBlack powder, graphene-plastic masterbatch pellets, and graphene-enhanced polymers. The company also provides standard and custom enhanced thermoplastic products to customers in transportation, packaging, electronics, and other industrial sectors.

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