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Graphex Group Limited Sponsored ADR ( (GRFX) ) just unveiled an announcement.
Graphex Group Limited announced a rights issue, distributing three rights shares for every one ordinary share held as of March 28, 2025. The rights were not registered under the U.S. Securities Act, so they were sold in the local market, with proceeds distributed to American Depositary Shareholders. This move is part of a series of proposed transactions aimed at enhancing shareholder value.
Spark’s Take on GRFX Stock
According to Spark, TipRanks’ AI Analyst, GRFX is a Neutral.
Graphex Group Limited’s overall stock score reflects significant financial challenges, notably declining revenues and negative net margins. Technical analysis shows mixed signals with some medium-term support, but valuation remains unattractive due to a negative P/E ratio. These factors combine to indicate a cautious outlook for investors.
To see Spark’s full report on GRFX stock, click here.
More about Graphex Group Limited Sponsored ADR
Graphex Group Limited operates in the financial sector, with its ordinary shares listed on The Stock Exchange of Hong Kong Limited and American Depository Shares traded on the NYSE American under the symbol ‘GRFX’.
YTD Price Performance: -34.78%
Average Trading Volume: 26,234
Technical Sentiment Signal: Buy
Current Market Cap: $24.94M
For detailed information about GRFX stock, go to TipRanks’ Stock Analysis page.