Insider Buying: NanoXplore Inc. (TSE:GRA) Senior Officer Acquires C$15,610.00 in Stock

NanoXplore Inc. (TSE:GRA) Senior Officer Pedro Azevedo Azevedo acquired 7,000 shares of the stock in a transaction dated Friday, September 27th. The shares were bought at an average cost of C$2.23 per share, with a total value of C$15,610.00.

NanoXplore Price Performance

Shares of GRA opened at C$2.25 on Tuesday. The company has a quick ratio of 2.01, a current ratio of 2.08 and a debt-to-equity ratio of 19.36. NanoXplore Inc. has a twelve month low of C$1.87 and a twelve month high of C$2.96. The stock has a market capitalization of C$383.87 million, a P/E ratio of -32.14 and a beta of 1.27. The company has a 50 day moving average of C$2.30 and a 200-day moving average of C$2.45.

Analyst Upgrades and Downgrades

Separately, Ventum Cap Mkts raised shares of NanoXplore to a “strong-buy” rating in a research note on Thursday, September 12th. Four research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, NanoXplore has a consensus rating of “Buy” and an average price target of C$3.75.

NanoXplore Company Profile

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.