NanoXplore Inc. (TSE:GRA) Senior Officer Pedro Azevedo Azevedo Purchases 7,000 Shares

NanoXplore Inc. (TSE:GRA - Get Free Report) Senior Officer Pedro Azevedo Azevedo acquired 7,000 shares of the company's stock in a transaction that occurred on Friday, September 27th. The stock was purchased at an average cost of C$2.23 per share, for a total transaction of C$15,610.00.

NanoXplore Price Performance

Shares of TSE:GRA opened at C$2.22 on Friday. NanoXplore Inc. has a 52-week low of C$1.87 and a 52-week high of C$2.96. The stock has a market cap of C$378.75 million, a P/E ratio of -31.71 and a beta of 1.27. The business's 50 day moving average is C$2.30 and its 200 day moving average is C$2.45. The company has a quick ratio of 2.01, a current ratio of 2.08 and a debt-to-equity ratio of 19.36.

Wall Street Analysts Forecast Growth

Separately, Ventum Cap Mkts raised NanoXplore to a "strong-buy" rating in a research note on Thursday, September 12th. Four investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Buy" and an average price target of C$3.75.

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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.

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