Xebec Adsorption Inc. (TSE:XBC – Get Rating) has received a consensus recommendation of "Hold" from the nine analysts that are currently covering the stock, Marketbeat.com reports. Four analysts have rated the stock with a hold recommendation. The average 12 month price target among brokerages that have issued a report on the stock in the last year is C$1.59.
A number of brokerages have issued reports on XBC. Cormark cut their target price on Xebec Adsorption from C$1.15 to C$0.60 in a research report on Friday, August 12th. Raymond James cut their target price on Xebec Adsorption from C$2.00 to C$1.50 and set a "market perform" rating on the stock in a research report on Friday, August 12th. TD Securities cut their target price on Xebec Adsorption from C$2.25 to C$1.40 and set a "hold" rating on the stock in a research report on Friday, May 13th. Eight Capital cut their target price on Xebec Adsorption from C$1.50 to C$1.15 in a research report on Friday, August 12th. Finally, BMO Capital Markets cut their target price on Xebec Adsorption from C$1.75 to C$0.85 in a research report on Friday, August 12th.
Get Xebec Adsorption alerts:Xebec Adsorption Trading Down 4.8 %
XBC opened at C$0.79 on Monday. Xebec Adsorption has a one year low of C$0.57 and a one year high of C$4.01. The stock has a market capitalization of C$122.23 million and a PE ratio of -3.83. The business's 50 day moving average price is C$0.79 and its 200 day moving average price is C$1.32. The company has a debt-to-equity ratio of 32.49, a quick ratio of 0.63 and a current ratio of 1.23.
About Xebec Adsorption
(Get Rating)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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