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Xtract One ( (TSE:XTRA) ) has issued an update.
Xtract One Technologies has been selected by Mecklenburg County Public Schools in Virginia to deploy its Gateway system to enhance security across school entrances. The Gateway system, designed for efficient weapons detection, will streamline the screening process, allowing students to enter with personal items like laptops and backpacks without divesting, while maintaining high safety standards. This deployment aims to improve safety and confidence among students and parents, addressing previous challenges with traditional screening methods.
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 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’s solutions cater to various markets, including schools, hospitals, arenas, and stadiums, and are recognized for their ability to discreetly screen and identify threats without disrupting traffic flow.
Average Trading Volume: 211,644
Technical Sentiment Signal: Sell
Current Market Cap: C$80.82M
See more insights into XTRA stock on TipRanks’ Stock Analysis page.