NanoXplore (TSE:GRA) Sets New 12-Month Low – Here’s What Happened

NanoXplore Inc. (TSE:GRA)’s stock price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as C$1.44 and last traded at C$1.46, with a volume of 15827 shares trading hands. The stock had previously closed at C$1.50.

NanoXplore Price Performance

The company has a market capitalization of C$261.34 million, a price-to-earnings ratio of -18.00 and a beta of -0.04. The company has a current ratio of 2.87, a quick ratio of 2.01 and a debt-to-equity ratio of 40.07. The company’s 50 day simple moving average is C$1.81 and its 200-day simple moving average is C$2.09.

NanoXplore (TSE:GRA) last announced its quarterly earnings data on Wednesday, May 13th. The company reported C($0.01) earnings per share (EPS) for the quarter. The firm had revenue of C$32.35 million for the quarter. NanoXplore had a negative net margin of 10.91% and a negative return on equity of 11.76%. On average, equities research analysts predict that NanoXplore Inc. will post 0.02 earnings per share for the current fiscal year.

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.