Insider Buying: NanoXplore (TSE:GRA) Insider Purchases C$15,000.00 in Stock

NanoXplore Inc. (TSE:GRA) insider Cliff Wagner purchased 10,000 shares of NanoXplore stock in a transaction dated Thursday, July 30th. The stock was bought at an average price of C$1.50 per share, for a total transaction of C$15,000.00. Following the completion of the purchase, the insider owned 25,800 shares in the company, valued at C$38,700. This represents a 63.29% increase in their position.

NanoXplore Price Performance

GRA stock opened at C$1.59 on Friday. The company has a 50 day simple moving average of C$1.68 and a 200 day simple moving average of C$2.00. The stock has a market cap of C$288.56 million, a price-to-earnings ratio of -19.88 and a beta of -0.04. NanoXplore Inc. has a 1 year low of C$1.38 and a 1 year high of C$3.34. The company has a debt-to-equity ratio of 40.07, a current ratio of 2.87 and a quick ratio of 2.01.

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

About NanoXplore

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.