Xtract One Partners with Mecklenburg County Schools for Enhanced Security

Xtract One ( (TSE:XTRA) ) has issued an update.

Xtract One Technologies has been selected by Mecklenburg County Public Schools in Virginia to implement its Gateway system for enhanced security across the district. This partnership aims to improve the safety of students, staff, and visitors by providing a more efficient and effective screening process that allows individuals to carry personal items without divesting, while still detecting weapons. The Gateway system is expected to streamline access and improve confidence in school safety, potentially setting a precedent for similar institutions.

The most recent analyst rating on (TSE:XTRA) stock is a Buy with a C$0.80 price target. To see the full list of analyst forecasts on Xtract One stock, see the TSE:XTRA Stock Forecast page.

Spark’s Take on TSE:XTRA Stock

According to Spark, TipRanks’ AI Analyst, TSE:XTRA is a Neutral.

The overall stock score reflects significant profitability and cash flow challenges despite revenue growth. Bearish technical indicators and a poor valuation further weigh on the score, while positive corporate events provide some optimism.

To see Spark’s full report on TSE:XTRA stock, click here.

More about Xtract One

Xtract One Technologies is a leading provider of threat detection and security solutions, leveraging AI to deliver seamless and secure experiences. The company specializes in unobtrusive weapons and threat detection systems designed to enhance safety while maintaining a smooth flow of movement. Xtract One’s solutions cater to various markets, including schools, hospitals, arenas, and manufacturing facilities, making it a recognized market leader in security technology.

Average Trading Volume: 211,644

Technical Sentiment Signal: Sell

Current Market Cap: C$80.82M

See more data about XTRA stock on TipRanks’ Stock Analysis page.