NanoXplore Inc. (TSE:GRA – Get Free Report)’s stock price was down 0.8% on Monday . The company traded as low as C$2.44 and last traded at C$2.48. Approximately 150,365 shares were traded during mid-day trading, an increase of 47% from the average daily volume of 102,213 shares. The stock had previously closed at C$2.50.
Wall Street Analyst Weigh In
A number of analysts recently weighed in on GRA shares. Royal Bank of Canada dropped their target price on NanoXplore from C$3.25 to C$3.00 and set an “outperform” rating for the company in a research report on Thursday, February 13th. National Bankshares dropped their target price on NanoXplore from C$3.50 to C$3.00 and set an “outperform” rating for the company in a research report on Thursday, February 13th. Finally, Raymond James downgraded NanoXplore from an “outperform” rating to a “market perform” rating and dropped their target price for the stock from C$4.00 to C$3.00 in a research report on Thursday, February 13th.
Read Our Latest Research Report on NanoXplore
NanoXplore Stock Down 1.6 %
NanoXplore Company Profile
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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