NanoXplore (TSE:GRA) Price Target Lowered to C$3.00 at National Bankshares

NanoXplore (TSE:GRA) had its price target lowered by National Bankshares from C$3.50 to C$3.00 in a research report released on Thursday morning,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

Separately, Raymond James downgraded shares of NanoXplore from an “outperform” rating to a “market perform” rating and dropped their target price for the company from C$4.00 to C$3.00 in a research report on Thursday. One equities research analyst has rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of C$3.00.

NanoXplore Trading Up 0.8 %

Shares of TSE:GRA opened at C$2.40 on Thursday. NanoXplore has a 52 week low of C$1.95 and a 52 week high of C$2.96. The company’s 50 day moving average is C$2.40 and its two-hundred day moving average is C$2.37. The company has a current ratio of 2.22, a quick ratio of 2.01 and a debt-to-equity ratio of 21.81. The company has a market cap of C$411.20 million, a PE ratio of -36.96 and a beta of 1.26.

NanoXplore Company Profile

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.