Free Trial

Xtract One Tech (TSE:XTR) Hits New 52-Week High - Time to Buy?

Xtract One Tech logo with background

Key Points

  • Xtract One Tech's stock price reached a new 52-week high of C$11.65 after trading up to C$0.78 on Monday, with a volume of 7,773 shares exchanged.
  • Analyst ratings have been positive, with Ventum Cap Mkts raising the stock to a "strong-buy" rating, contributing to a consensus rating of "Strong Buy".
  • The company's 50-day simple moving average stands at C$11.48, highlighting its recent strong price performance.
  • MarketBeat previews the top five stocks to own by October 1st.

Xtract One Tech (TSE:XTR - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$0.78 and last traded at C$11.65, with a volume of 7773 shares traded. The stock had previously closed at C$11.66.

Wall Street Analysts Forecast Growth

Separately, Ventum Cap Mkts upgraded shares of Xtract One Tech to a "strong-buy" rating in a research report on Tuesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat, the stock has a consensus rating of "Strong Buy".

Check Out Our Latest Stock Report on Xtract One Tech

Xtract One Tech Stock Performance

The stock has a 50 day moving average price of C$11.49.

Xtract One Tech Company Profile

(Get Free Report)

The investment objective of the Fund is to provide a consistent monthly cash distribution, with the potential for modest long-term capital growth, by investing primarily in exchange-traded funds listed on a recognized Canadian Stock Exchange and managed by BlackRock Canada or an affiliate (Canadian iShares Fund) that provide exposure to a diversified portfolio of income-bearing investments.

Further Reading

Should You Invest $1,000 in Xtract One Tech Right Now?

Before you consider Xtract One Tech, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Xtract One Tech wasn't on the list.

While Xtract One Tech currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Energy Stocks to Buy and Hold Forever Cover

With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.

Get This Free Report
Like this article? Share it with a colleague.