NanoXplore (TSE:GRA) Reaches New 12-Month Low – Here’s Why

Shares of NanoXplore Inc. (TSE:GRA – Get Free Report) reached a new 52-week low on Friday . The company traded as low as C$1.38 and last traded at C$1.40, with a volume of 76670 shares trading hands. The stock had previously closed at C$1.44.

NanoXplore Stock Down 4.2%

The firm has a market capitalization of C$250.45 million, a P/E ratio of -17.25 and a beta of -0.03. The company has a fifty day simple moving average of C$1.57 and a 200 day simple moving average of C$1.83. The company has a quick ratio of 2.01, a current ratio of 2.87 and a debt-to-equity ratio of 40.07.

NanoXplore Company Profile

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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.

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