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Xtract One ( (TSE:XTRA) ) has provided an announcement.
Xtract One Technologies has entered a Master Supply Agreement with a global media and entertainment organization to deploy its SmartGateway security screening solution. This agreement marks a significant step for Xtract One, as its AI-powered technology will be used to enhance security across the entertainment company’s venues worldwide, starting with a location in Asia. The SmartGateway’s ability to provide fast, reliable, and accurate patron screening sets a new standard in the industry, offering a proactive approach to security that maintains guest privacy and reduces wait times.
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.
Xtract One’s stock score is driven by strong revenue growth and a positive earnings call despite ongoing profitability and cash flow challenges. The technical indicators suggest a bearish trend, and the valuation highlights concerns with negative earnings. Overall, while there are promising aspects, significant financial hurdles remain.
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 offer seamless and secure experiences. The company specializes in unobtrusive weapons and threat detection systems designed to enhance safety while maintaining a smooth flow of traffic. Their solutions cater to various markets, including schools, hospitals, arenas, and stadiums, positioning Xtract One as a market leader in delivering high security combined with optimal user experience.
Average Trading Volume: 86,149
Technical Sentiment Signal: Sell
Current Market Cap: C$84.09M
For an in-depth examination of XTRA stock, go to TipRanks’ Stock Analysis page.