Raymond James reissued their strong-buy rating on shares of Xebec Adsorption (CVE:XBC) in a research note published on Wednesday, BayStreet.CA reports.
Other equities research analysts have also recently issued reports about the company. HC Wainwright upped their target price on Xebec Adsorption from C$3.00 to C$4.00 in a report on Thursday, April 16th. M Partners reiterated a buy rating on shares of Xebec Adsorption in a report on Thursday, July 9th. Finally, Roth Capital reiterated a buy rating on shares of Xebec Adsorption in a report on Friday, April 3rd. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of Buy and an average target price of C$5.00.
The firm’s 50-day simple moving average is C$4.02 and its two-hundred day simple moving average is C$3.27. Xebec Adsorption has a 1-year low of C$1.23 and a 1-year high of C$4.69. The company has a current ratio of 2.87, a quick ratio of 2.16 and a debt-to-equity ratio of 13.25. The stock has a market cap of $425.59 million and a PE ratio of 545.00.
Xebec Adsorption (CVE:XBC) last posted its quarterly earnings data on Wednesday, May 27th. The company reported C($0.01) earnings per share (EPS) for the quarter. The company had revenue of C$12.19 million during the quarter, compared to the consensus estimate of C$12.81 million.
Xebec Adsorption Company Profile
Xebec Adsorption Inc provides gas purification, generation, and filtration solutions for the natural gas, field gas, biogas/renewable natural gas, helium, hydrogen, nitrogen, and oxygen markets. It operates through three segments: Clean Technology, Industrial Compressed Air and Gas Treatment, and Oil and Gas.
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