Xebec Adsorption Inc. (TSE:XBC – Get Rating) has received an average recommendation of "Hold" from the nine analysts that are presently covering the firm, Marketbeat reports. Four investment analysts have rated the stock with a hold recommendation. The average 12 month target price among analysts that have issued ratings on the stock in the last year is C$1.59.

Several brokerages recently issued reports on XBC. BMO Capital Markets cut their price objective on Xebec Adsorption from C$1.75 to C$0.85 in a research report on Friday, August 12th. TD Securities decreased their price target on shares of Xebec Adsorption from C$2.25 to C$1.40 and set a "hold" rating for the company in a research report on Friday, May 13th. Cormark decreased their price objective on shares of Xebec Adsorption from C$1.15 to C$0.60 in a research report on Friday, August 12th. Eight Capital cut their target price on shares of Xebec Adsorption from C$1.50 to C$1.15 in a research note on Friday, August 12th. Finally, National Bank Financial lowered shares of Xebec Adsorption from an "outperform spec overweight" rating to a "sector perform overweight" rating in a research note on Thursday, May 12th.

Xebec Adsorption Price Performance

Shares of XBC opened at C$0.92 on Monday. Xebec Adsorption has a twelve month low of C$0.57 and a twelve month high of C$4.01. The stock's 50 day moving average is C$0.80 and its two-hundred day moving average is C$1.34. The firm has a market capitalization of C$142.35 million and a PE ratio of -4.47. The company has a current ratio of 1.23, a quick ratio of 0.63 and a debt-to-equity ratio of 32.49.

About Xebec Adsorption

Xebec Adsorption Inc designs, manufactures, and sells purification, separation, dehydration, and filtration equipment for gases and compressed air in Canada, the United States, China, Korea, Italy, France, and internationally. It operates through Systems and Support segments. The company offers on-site air dehydration under the ADX Solutions brand; biogas to renewable natural gas systems under the BGX Solutions brand; hydrogen purification systems under the H2X Solutions brand; natural gas dehydration units for refueling stations under the NGX Solutions brand; and products for the filtration and separation of air and gases under FSX Solutions brand.

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