NanoXplore (GRA) to Release Quarterly Earnings on Tuesday

NanoXplore (TSE:GRA) is scheduled to be issuing its quarterly earnings data after the market closes on Tuesday, May 14th. Analysts expect the company to announce earnings of C($0.01) per share for the quarter.

NanoXplore (TSE:GRA) last issued its quarterly earnings results on Tuesday, February 13th. The company reported C($0.01) earnings per share for the quarter, meeting the consensus estimate of C($0.01). The company had revenue of C$29.06 million during the quarter, compared to analysts’ expectations of C$32.35 million. NanoXplore had a negative return on equity of 9.61% and a negative net margin of 8.63%.

NanoXplore Trading Down 1.2 %

Shares of GRA stock traded down C$0.03 on Tuesday, hitting C$2.47. The company had a trading volume of 35,515 shares, compared to its average volume of 69,896. The firm has a market cap of C$421.16 million, a P/E ratio of -35.71 and a beta of 1.32. The stock’s 50-day moving average is C$2.57 and its two-hundred day moving average is C$2.29. The company has a debt-to-equity ratio of 20.38, a quick ratio of 2.01 and a current ratio of 2.38. NanoXplore has a twelve month low of C$1.87 and a twelve month high of C$3.57.

Wall Street Analyst Weigh In

Separately, Echelon Wealth Partners restated a “speculative buy” rating on shares of NanoXplore in a research report on Thursday, February 15th. Five analysts have rated the stock with a buy rating, According to data from MarketBeat.com, NanoXplore presently has a consensus rating of “Buy” and an average price target of C$3.75.

Insider Activity at NanoXplore

In related news, Senior Officer Pierre-Yves Terrisse bought 10,000 shares of the business’s stock in a transaction that occurred on Thursday, February 29th. The shares were bought at an average price of C$2.68 per share, with a total value of C$26,800.00. Insiders have purchased a total of 34,780 shares of company stock valued at $88,969 over the last 90 days. Insiders own 29.83% of the company’s stock.

About NanoXplore

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.