NanoXplore (OTCMKTS:NNXPF – Get Rating) had its price objective trimmed by Raymond James from C$8.50 to C$6.00 in a report published on Wednesday morning, The Fly reports.
Separately, National Bank Financial reduced their target price on NanoXplore from C$10.00 to C$8.00 in a research note on Wednesday.
NNXPF opened at $2.53 on Wednesday. NanoXplore has a 1-year low of $1.80 and a 1-year high of $7.26. The stock’s 50 day simple moving average is $2.95 and its 200 day simple moving average is $4.05.
NanoXplore Inc, a graphene company, manufactures and supplies graphene powder for use in industrial markets. It offers graphene-based solutions, including GrapheneBlack powder and graphene-enhanced masterbatch pellets. The company also provides standard and custom graphene-enhanced plastic and composite products to customers in transportation, packaging, electronics, and other industrial sectors.
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