Xplore Technologies Corp (NASDAQ:XPLR) has been given a $4.00 price objective by stock analysts at Maxim Group in a research note issued on Saturday. The brokerage currently has a “buy” rating on the technology company’s stock. Maxim Group’s target price indicates a potential upside of 124.72% from the company’s current price.

Separately, ValuEngine raised Xplore Technologies Corp from a “strong sell” rating to a “sell” rating in a research note on Friday, June 2nd.

Shares of Xplore Technologies Corp (NASDAQ:XPLR) traded up 1.14% during midday trading on Friday, reaching $1.78. The company’s stock had a trading volume of 129,880 shares. Xplore Technologies Corp has a 52-week low of $1.71 and a 52-week high of $3.14. The stock has a 50 day moving average price of $1.91 and a 200-day moving average price of $2.07. The company’s market capitalization is $19.56 million.

Xplore Technologies Corp (NASDAQ:XPLR) last announced its quarterly earnings results on Wednesday, May 31st. The technology company reported ($0.04) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.10) by $0.06. The business had revenue of $16.95 million for the quarter, compared to analyst estimates of $18 million. Xplore Technologies Corp had a negative return on equity of 8.67% and a negative net margin of 3.27%. Equities research analysts expect that Xplore Technologies Corp will post ($0.06) EPS for the current year.

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A number of institutional investors have recently bought and sold shares of XPLR. Summit Capital Management LLC raised its position in Xplore Technologies Corp by 1.9% in the first quarter. Summit Capital Management LLC now owns 671,818 shares of the technology company’s stock worth $2,345,000 after buying an additional 12,740 shares in the last quarter. Merriman Wealth Management LLC acquired a new position in Xplore Technologies Corp during the second quarter worth approximately $1,609,000. AWM Investment Company Inc. raised its position in Xplore Technologies Corp by 268.9% in the third quarter. AWM Investment Company Inc. now owns 368,902 shares of the technology company’s stock worth $885,000 after buying an additional 268,902 shares in the last quarter. Granite Investment Partners LLC raised its position in Xplore Technologies Corp by 22.3% in the first quarter. Granite Investment Partners LLC now owns 302,173 shares of the technology company’s stock worth $1,054,000 after buying an additional 55,141 shares in the last quarter. Finally, G2 Investment Partners Management LLC raised its position in Xplore Technologies Corp by 16.8% in the third quarter. G2 Investment Partners Management LLC now owns 282,707 shares of the technology company’s stock worth $676,000 after buying an additional 40,737 shares in the last quarter. 21.61% of the stock is currently owned by institutional investors.

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.

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