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An announcement from Xtract One ( (TSE:XTRA) ) is now available.
Xtract One Technologies has secured a contract with a major nationwide healthcare provider to implement its SmartGateway solution across clinics in the Midwest, starting with five locations in Minnesota. This deployment addresses heightened safety concerns in healthcare environments, offering a modern, non-invasive security technology that balances protection with a welcoming experience. The SmartGateway system, backed by the U.S. Department of Homeland Security’s SAFETY Act, uses advanced AI technology for discreet and efficient weapons detection, enhancing security without compromising the patient and staff experience.
The most recent analyst rating on (TSE:XTRA) stock is a Buy with a C$1.00 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.
Xtract One’s stock score is primarily influenced by its financial performance challenges, including ongoing losses and cash flow issues. However, positive technical indicators and a promising outlook from the earnings call, including strong backlog and market expansion, provide some optimism. Valuation concerns due to negative earnings weigh down the overall score.
To see Spark’s full report on TSE:XTRA stock, click here.
More about Xtract One
Xtract One Technologies is a leading provider of AI-driven threat detection and security solutions. The company specializes in unobtrusive weapons and threat detection systems designed to enhance safety while ensuring seamless entry experiences. Xtract One serves a variety of markets including schools, hospitals, arenas, and more, and is recognized for its innovative AI-powered Gateway solutions that discreetly screen for threats without disrupting traffic flow.
Average Trading Volume: 530,643
Technical Sentiment Signal: Buy
Current Market Cap: C$161.6M
For an in-depth examination of XTRA stock, go to TipRanks’ Overview page.