Xebec Adsorption Inc. (CVE:XBC)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as C$2.28 and last traded at C$2.17, with a volume of 1075336 shares. The stock had previously closed at C$2.08.

Separately, Desjardins reaffirmed a “buy” rating on shares of Xebec Adsorption in a research report on Wednesday, October 23rd.

The firm has a market capitalization of $133.55 million and a P/E ratio of -304.29. The business’s 50-day moving average is C$1.72 and its 200 day moving average is C$1.59. The company has a debt-to-equity ratio of 178.11, a current ratio of 1.77 and a quick ratio of 1.30.

Xebec Adsorption (CVE:XBC) last released its quarterly earnings results on Tuesday, August 13th. The company reported C$0.02 EPS for the quarter, hitting analysts’ consensus estimates of C$0.02. The business had revenue of C$12.77 million for the quarter, compared to the consensus estimate of C$11.19 million. Analysts anticipate that Xebec Adsorption Inc. will post 0.11 EPS for the current fiscal year.

Xebec Adsorption Company Profile (CVE:XBC)

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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