Canaccord Genuity Group Reiterates “C$1.20” Price Target for Xtract One Technologies (TSE:XTRA)

Xtract One Technologies (TSE:XTRA) received a C$1.20 target price from equities research analysts at Canaccord Genuity Group in a report released on Monday,BayStreet.CA reports. The brokerage presently has a “speculative buy” rating on the stock. Canaccord Genuity Group’s price objective suggests a potential upside of 106.90% from the company’s current price.

Xtract One Technologies Stock Performance

XTRA stock remained flat at C$0.58 during midday trading on Monday. 168,545 shares of the company traded hands, compared to its average volume of 187,087. The company’s fifty day moving average is C$0.53 and its two-hundred day moving average is C$0.54. The firm has a market capitalization of C$150.76 million, a price-to-earnings ratio of -19.33 and a beta of 1.84. Xtract One Technologies has a 52 week low of C$0.33 and a 52 week high of C$0.98.

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

About Xtract One Technologies

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.