Zacks Investment Research upgraded shares of Xplore Technologies Corp. (NASDAQ:XPLR) from a sell rating to a hold rating in a report published on Tuesday morning.

According to Zacks, “Xplore Technologies Corp. is engaged in the business of developing integrating and marketing mobile wireless Tablet PC computing systems. Its end-users are able to receive, collect, analyze, manipulate and transmit information in a variety of environments not suited to traditional non-rugged computing devices with the Company’s rugged computing products. The company’s portfolio of product is sold on a global basis. Xplore Technologies Corp. is headquartered in Austin, Texas. “

Separately, Maxim Group assumed coverage on shares of Xplore Technologies Corp. in a research note on Tuesday, September 13th. They issued a buy rating and a $5.00 price objective for the company.

Xplore Technologies Corp. (NASDAQ:XPLR) traded down 5.8193% during midday trading on Tuesday, reaching $2.3451. 3,422 shares of the company’s stock traded hands. The stock’s market cap is $25.62 million. The company’s 50-day moving average price is $2.24 and its 200-day moving average price is $2.56. Xplore Technologies Corp. has a 52-week low of $1.82 and a 52-week high of $5.56.

A number of large investors have recently made changes to their positions in the stock. AWM Investment Company Inc. boosted its stake in shares of Xplore Technologies Corp. by 268.9% in the third quarter. AWM Investment Company Inc. now owns 368,902 shares of the company’s stock valued at $885,000 after buying an additional 268,902 shares during the last quarter. G2 Investment Partners Management LLC boosted its stake in shares of Xplore Technologies Corp. by 16.8% in the third quarter. G2 Investment Partners Management LLC now owns 282,707 shares of the company’s stock valued at $676,000 after buying an additional 40,737 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of Xplore Technologies Corp. by 21.7% in the second quarter. Vanguard Group Inc. now owns 354,429 shares of the company’s stock valued at $851,000 after buying an additional 63,200 shares during the last quarter. Emerald Acquisition Ltd. purchased a new stake in shares of Xplore Technologies Corp. during the second quarter valued at $398,000. Finally, Merriman Wealth Management LLC purchased a new stake in shares of Xplore Technologies Corp. during the second quarter valued at $1,609,000. 23.49% of the stock is owned by institutional investors and hedge funds.

Xplore Technologies Corp. Company Profile

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.

5 Day Chart for NASDAQ:XPLR

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