Xebec Adsorption (CVE:XBC) Rating Reiterated by Raymond James

Raymond James reissued their strong-buy rating on shares of Xebec Adsorption (CVE:XBC) in a research report released on Wednesday, BayStreet.CA reports.

Several other equities research analysts have also recently weighed in on the company. HC Wainwright upped their price objective on shares of Xebec Adsorption from C$3.00 to C$4.00 in a research report on Thursday, April 16th. Roth Capital restated a buy rating on shares of Xebec Adsorption in a research report on Friday, April 3rd. Finally, M Partners restated a buy rating on shares of Xebec Adsorption in a research report on Thursday, July 9th. One analyst has rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. Xebec Adsorption presently has an average rating of Buy and a consensus target price of C$5.00.

Xebec Adsorption has a 52 week low of C$1.23 and a 52 week high of C$4.69. The firm has a 50-day moving average price of C$4.02 and a 200-day moving average price of C$3.27. The company has a market cap of $425.59 million and a PE ratio of 545.00. The company has a quick ratio of 2.16, a current ratio of 2.87 and a debt-to-equity ratio of 13.25.

Xebec Adsorption (CVE:XBC) last announced its quarterly earnings results on Wednesday, May 27th. The company reported C($0.01) earnings per share for the quarter. The firm had revenue of C$12.19 million during the quarter, compared to analysts’ expectations of C$12.81 million.

About Xebec Adsorption

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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Analyst Recommendations for Xebec Adsorption (CVE:XBC)

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