Xtract One Technologies (TSE:XTRA) Shares Up 1.8% – Time to Buy?

Shares of Xtract One Technologies Inc. (TSE:XTRA) were up 1.8% on Monday . The stock traded as high as C$0.57 and last traded at C$0.57. Approximately 37,140 shares changed hands during mid-day trading, a decline of 79% from the average daily volume of 180,333 shares. The stock had previously closed at C$0.56.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group set a C$1.20 price target on Xtract One Technologies and gave the stock a “speculative buy” rating in a report on Monday, July 6th. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company has an average rating of “Buy” and an average price target of C$1.20.

Xtract One Technologies Price Performance

The stock has a 50 day moving average of C$0.56 and a two-hundred day moving average of C$0.53. The stock has a market capitalization of C$148.16 million, a PE ratio of -19.00 and a beta of 1.84.

Xtract One Technologies (TSE:XTRA) last released its earnings results on Wednesday, June 10th. The company reported C($0.00) EPS for the quarter. The business had revenue of C$10.26 million during the quarter.

Xtract One Technologies Company Profile

Xtract One Technologies is a leading technology-driven threat detection and security solution leveraging AI to provide seamless and secure patron access control experiences. The Company makes unobtrusive threat detection systems that enable venue building operators to prioritize and deliver improved patron experiences while providing unprecedented safety. Xtract One’s innovative multi-sensor Gateway product enables companies to covertly screen for weapons at points of entry without disrupting the flow of traffic.