Graphex Group Faces NYSE Delisting, Moves to OTC Market

Graphex Group Limited Sponsored ADR ( (GRFX) ) has provided an update.

On May 14, 2025, Graphex Group Limited announced that its American Depositary Shares (ADSs) were delisted from the NYSE American LLC due to non-compliance with filing requirements. The ADSs will now trade on the OTC Expert Market, which is less liquid and may affect trading prices. The company’s ordinary shares continue to trade on the Hong Kong Stock Exchange, and its business operations remain unaffected. Graphex is working with its new audit firm to complete the delayed audit and annual reports by June 30, 2025, and is considering appealing the NYSE decision.

The most recent analyst rating on (GRFX) stock is a Hold with a $0.28 price target. To see the full list of analyst forecasts on Graphex Group Limited Sponsored ADR stock, see the GRFX Stock Forecast page.

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 is a multinational technology company specializing in the development of technologies and products that enhance renewable energy. The company focuses on refining natural spherical graphite, synthetic graphite, and graphene-related products, which are essential components in electric vehicles and lithium-ion batteries. Graphex is a leading supplier of specialized graphite anode material to the EV and renewable energy industries, with plans to significantly expand its production capacity in the coming years.

Average Trading Volume: 29,821

Technical Sentiment Signal: Sell

Current Market Cap: $24.77M

See more insights into GRFX stock on TipRanks’ Stock Analysis page.