NanoXplore (TSE:GRA) Trading Down 0.8% – Here’s Why

NanoXplore Inc. (TSE:GRAGet Free Report) was down 0.8% during mid-day trading on Wednesday . The company traded as low as C$2.47 and last traded at C$2.47. Approximately 189,238 shares traded hands during trading, an increase of 120% from the average daily volume of 85,953 shares. The stock had previously closed at C$2.49.

NanoXplore Price Performance

The company has a market capitalization of C$419.70 million, a PE ratio of -35.14 and a beta of 1.26. The company has a quick ratio of 2.01, a current ratio of 2.08 and a debt-to-equity ratio of 19.36. The firm’s 50-day moving average is C$2.31 and its 200-day moving average is C$2.37.

About NanoXplore

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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.

Further Reading

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