Xebec Adsorption Inc. (TSE:XBC – Get Rating) has earned an average recommendation of "Hold" from the nine research firms that are currently covering the stock, Marketbeat reports. Four research analysts have rated the stock with a hold rating. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is C$1.59.
A number of brokerages recently weighed in on XBC. Eight Capital cut their price objective on Xebec Adsorption from C$1.50 to C$1.15 in a research note on Friday, August 12th. Cormark cut their price objective on Xebec Adsorption from C$1.15 to C$0.60 in a research note on Friday, August 12th. Raymond James lowered 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 report on Friday, August 12th. BMO Capital Markets lowered their target price on Xebec Adsorption from C$1.75 to C$0.85 in a report on Friday, August 12th. Finally, National Bankshares lowered their target price on Xebec Adsorption from C$2.00 to C$1.75 and set a "sector perform" rating on the stock in a report on Friday, August 12th.
Get Xebec Adsorption alerts:Xebec Adsorption Stock Down 6.8 %
Shares of XBC stock opened at C$0.55 on Friday. The stock's 50 day simple moving average is C$0.74 and its 200 day simple moving average is C$1.21. The company has a debt-to-equity ratio of 32.49, a quick ratio of 0.63 and a current ratio of 1.23. Xebec Adsorption has a twelve month low of C$0.54 and a twelve month high of C$4.01. The company has a market capitalization of C$85.10 million and a price-to-earnings ratio of -2.67.
Xebec Adsorption Company Profile
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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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