NanoXplore (TSE:GRA) Hits New 52-Week Low – Time to Sell?

NanoXplore Inc. (TSE:GRAGet Free Report)’s share price hit a new 52-week low on Thursday . The company traded as low as C$1.44 and last traded at C$1.46, with a volume of 15827 shares changing hands. The stock had previously closed at C$1.50.

NanoXplore Price Performance

The company has a 50 day simple moving average of C$1.81 and a 200 day simple moving average of C$2.09. The company has a market capitalization of C$261.34 million, a price-to-earnings ratio of -18.00 and a beta of -0.04. 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 (TSE:GRAGet Free Report) last announced its quarterly earnings results on Wednesday, May 13th. The company reported C($0.01) earnings per share (EPS) for the quarter. NanoXplore had a negative net margin of 10.91% and a negative return on equity of 11.76%. The company had revenue of C$32.35 million during the quarter. As a group, research analysts predict that NanoXplore Inc. will post 0.02 EPS for the current year.

About NanoXplore

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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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