Xtract One Technologies (TSE:XTRA) Shares Up 1.9% – Time to Buy?

Xtract One Technologies Inc. (TSE:XTRA)’s share price traded up 1.9% during trading on Thursday. The company traded as high as C$0.53 and last traded at C$0.53. 26,823 shares changed hands during mid-day trading, a decline of 83% from the average daily volume of 154,484 shares. The stock had previously closed at C$0.52.

Analyst Upgrades and Downgrades

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

Xtract One Technologies Stock Up 1.9%

The stock has a market capitalization of C$140.36 million, a PE ratio of -18.00 and a beta of 1.85. The firm’s fifty day moving average price is C$0.53 and its two-hundred day moving average price is C$0.52.

About Xtract One Technologies

Xtract One Technologies is a leading technology-driven provider of threat detection and security solutions leveraging AI to deliver seamless and secure experiences. The Company makes unobtrusive weapons and threat detection systems that are designed to assist facility operators in prioritizing- and delivering improved ‘Walk-right-In’ experiences while enhancing safety. Xtract One’s innovative portfolio of AI-powered Gateway solutions excels at allowing facilities to discreetly screen and identify weapons and other threats at points of entry and exit without disrupting the flow of traffic.