ValuEngine upgraded shares of Xplore Technologies Corp (NASDAQ:XPLR) from a sell rating to a hold rating in a report issued on Wednesday morning.
Other equities research analysts also recently issued research reports about the company. Maxim Group set a $4.00 price target on Xplore Technologies Corp and gave the company a buy rating in a research report on Saturday, June 24th. Roth Capital raised Xplore Technologies Corp from a neutral rating to a buy rating and boosted their price target for the company from $2.40 to $3.85 in a research report on Thursday, August 10th. Finally, Zacks Investment Research raised Xplore Technologies Corp from a sell rating to a hold rating in a research report on Wednesday, August 2nd.
Xplore Technologies Corp (NASDAQ:XPLR) opened at 3.20 on Wednesday. Xplore Technologies Corp has a 52 week low of $1.54 and a 52 week high of $3.38. The stock has a 50 day moving average price of $2.27 and a 200 day moving average price of $2.07. The firm’s market cap is $35.22 million.
Xplore Technologies Corp (NASDAQ:XPLR) last posted its quarterly earnings results on Wednesday, August 9th. The technology company reported $0.02 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.04) by $0.06. Xplore Technologies Corp had a negative return on equity of 1.92% and a negative net margin of 0.69%. The firm had revenue of $20 million during the quarter, compared to the consensus estimate of $17.20 million. Equities research analysts expect that Xplore Technologies Corp will post $0.02 EPS for the current year.
A number of large investors have recently bought and sold shares of XPLR. Russell Investments Group Ltd. purchased a new stake in Xplore Technologies Corp during the fourth quarter worth about $142,000. Renaissance Technologies LLC increased its stake in Xplore Technologies Corp by 2.2% in the fourth quarter. Renaissance Technologies LLC now owns 103,000 shares of the technology company’s stock worth $208,000 after buying an additional 2,200 shares during the period. Finally, Merriman Wealth Management LLC increased its stake in Xplore Technologies Corp by 1.1% in the second quarter. Merriman Wealth Management LLC now owns 594,676 shares of the technology company’s stock worth $1,160,000 after buying an additional 6,415 shares during the period. 21.96% of the stock is owned by hedge funds and other institutional investors.
About Xplore Technologies Corp
Xplore Technologies Corp. (Xplore) is engaged in the development, integration and marketing of rugged mobile personal computers (PCs). The Company’s rugged tablet PCs are designed to withstand various conditions, such as extreme temperatures, driving rain, repeated vibrations, dirt, dust and concussive shocks.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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