Key Points
- Insider Pedro Azevedo bought 58,000 shares at C$1.91 on March 25, spending C$110,780 and raising his holdings to 85,000 shares (a 214.81% increase).
- NanoXplore trades around C$1.98 with a market cap of C$359.2M, reported a quarterly loss of C($0.02) EPS on C$27.58M revenue, and has mixed analyst coverage (one Buy, two Hold; average price target C$3.10, with Ventum raising its target to C$4.00).
NanoXplore Inc. (TSE:GRA - Get Free Report) insider Pedro Azevedo Azevedo purchased 58,000 shares of the business's stock in a transaction dated Wednesday, March 25th. The shares were purchased at an average cost of C$1.91 per share, for a total transaction of C$110,780.00. Following the completion of the purchase, the insider directly owned 85,000 shares of the company's stock, valued at approximately C$162,350. This represents a 214.81% increase in their position.
NanoXplore Stock Performance
TSE:GRA opened at C$1.98 on Thursday. The stock's 50-day moving average is C$2.20 and its 200-day moving average is C$2.43. NanoXplore Inc. has a 1-year low of C$1.67 and a 1-year high of C$3.34. The company has a current ratio of 3.24, a quick ratio of 2.01 and a debt-to-equity ratio of 37.71. The stock has a market cap of C$359.23 million, a P/E ratio of -28.29 and a beta of -0.05.
NanoXplore (TSE:GRA - Get Free Report) last issued its quarterly earnings data on Tuesday, February 10th. The company reported C($0.02) earnings per share (EPS) for the quarter. NanoXplore had a negative net margin of 10.30% and a negative return on equity of 11.28%. The business had revenue of C$27.58 million during the quarter. Equities research analysts anticipate that NanoXplore Inc. will post 0.02 earnings per share for the current year.
Wall Street Analyst Weigh In
Separately, Ventum Financial raised their price target on shares of NanoXplore from C$3.50 to C$4.00 and gave the company a "buy" rating in a research note on Monday, January 12th. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of C$3.10.
View Our Latest Stock Report on GRA
NanoXplore Company Profile
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NanoXplore Inc is a graphene company, manufacturer, and supplier of high-volume graphene powder for use in industrial markets. The company provides graphene-enhanced plastic and composite products to various customers in transportation, packaging, electronics, and other industrial sectors. Geographically, it generates a majority of revenue from the United States.
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