Xtract One’s SmartGateway Enhances Security at Temple University’s Liacouras Center

Xtract One ( (TSE:XTRA) ) just unveiled an update.

Xtract One Technologies has been chosen by Temple University to implement its SmartGateway system at The Liacouras Center, enhancing security for events at the venue. This deployment, in partnership with Oak View Group, aims to replace traditional metal detectors with advanced AI-powered sensors, improving safety and the patron experience by allowing quicker and more comfortable entry. The initiative reflects a strategic move to address security challenges and ensure a safe environment for students, visitors, and staff during busy event seasons.

The most recent analyst rating on (TSE:XTRA) stock is a Hold with a C$0.50 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-powered threat detection and security solutions. The company focuses on creating unobtrusive systems that enhance safety while ensuring a seamless experience for users. Their solutions are designed for various markets, including schools, hospitals, arenas, and more, and are recognized for combining high security with an improved user experience.

Average Trading Volume: 321,021

Technical Sentiment Signal: Hold

Current Market Cap: C$119.6M

Learn more about XTRA stock on TipRanks’ Stock Analysis page.