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FormerXBC Inc XEBEQ

Xebec Adsorption Inc designs, engineers, and manufactures products that are used for purification, separation, dehydration, and filtration equipment for gases and compressed air. The company operates in three reportable segments: Systems, Corporate and other, and Support. Its product lines are natural gas dryers for natural gas refueling stations, compressed gas filtration, biogas purification, associated gas, engineering services, and air dryers. The company's geographical segments are United States, Canada, China, Other, Korea, Italy, and France.


GREY:XEBEQ - Post by User

Post by Ciaoon Feb 10, 2021 11:55am
232 Views
Post# 32525789

New coverage, Peters and Co., $13 target

New coverage, Peters and Co., $13 targetPeters and Co. initiated coverage yesterday and gave XBC a 12 month target price of $13.

I would guess some of the selling you see on XBC is due to the stagnant share price. With the TSXV up 20% this year and speculation rampant, sellers are looking at opportunity cost and elsewhere for instant gratification and returns.
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