Xebec Adsorption’s (XBC) Buy Rating Reiterated at Beacon Securities

Xebec Adsorption (CVE:XBC)‘s stock had its “buy” rating reiterated by Beacon Securities in a research note issued to investors on Wednesday.

Shares of Xebec Adsorption stock opened at C$0.75 on Wednesday. Xebec Adsorption has a fifty-two week low of C$0.45 and a fifty-two week high of C$1.05.

Xebec Adsorption (CVE:XBC) last issued its earnings results on Thursday, November 8th. The company reported C$0.01 EPS for the quarter. The company had revenue of C$8.25 million during the quarter.

In other Xebec Adsorption news, insider Simon David Arnsby acquired 103,000 shares of Xebec Adsorption stock in a transaction dated Wednesday, December 5th. The stock was acquired at an average cost of C$0.76 per share, for a total transaction of C$78,280.00. Over the last quarter, insiders have bought 243,950 shares of company stock valued at $189,213.

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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