Rocco Marinaccio Buys 4,500 Shares of NanoXplore Inc. (TSE:GRA) Stock

NanoXplore Inc. (TSE:GRAGet Free Report) Senior Officer Rocco Marinaccio purchased 4,500 shares of the firm’s stock in a transaction dated Friday, March 8th. The shares were bought at an average cost of C$2.87 per share, with a total value of C$12,915.00.

Rocco Marinaccio also recently made the following trade(s):

  • On Wednesday, March 6th, Rocco Marinaccio bought 2,300 shares of NanoXplore stock. The stock was bought at an average cost of C$2.76 per share, with a total value of C$6,348.00.
  • On Wednesday, February 21st, Rocco Marinaccio acquired 9,000 shares of NanoXplore stock. The stock was purchased at an average cost of C$2.10 per share, with a total value of C$18,900.00.

NanoXplore Trading Down 1.8 %

TSE:GRA opened at C$2.79 on Friday. The stock has a market cap of C$475.72 million, a price-to-earnings ratio of -39.86 and a beta of 1.31. 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 Inc. has a 1 year low of C$1.87 and a 1 year high of C$3.57. The business has a fifty day moving average of C$2.26 and a 200-day moving average of C$2.35.

NanoXplore (TSE:GRAGet Free Report) last announced its earnings results on Tuesday, February 13th. The company reported C($0.01) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of C($0.01). NanoXplore had a negative net margin of 8.63% and a negative return on equity of 9.61%. The firm had revenue of C$29.06 million during the quarter, compared to analyst estimates of C$32.35 million. Equities analysts predict that NanoXplore Inc. will post 0.02 earnings per share for the current year.

Analyst Ratings Changes

GRA has been the subject of a number of research analyst reports. Royal Bank of Canada set a C$3.25 price target on NanoXplore and gave the company an “outperform” rating in a report on Monday, December 4th. 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, the stock currently has an average rating of “Buy” and an average price target of C$3.75.

Get Our Latest Report on GRA

NanoXplore Company Profile

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for NanoXplore Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NanoXplore and related companies with MarketBeat.com's FREE daily email newsletter.