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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 tamaracktopon May 24, 2021 12:49pm
359 Views
Post# 33257190

A little bit surprised nobody has mentioned

A little bit surprised nobody has mentioned   After closing Friday right in line with Canadian markets at $4.97 Canadian equivalent, versus our close at $4.96, Xebec gapped open up 18 cents US. at $4.26, versus Friday's close there at $4.08.
   It opened well through the post-earnings closing high of $4.20, and traded as high as $4.30 US.
   The volume sucks, but the price action is great, and the day isn't over.
   This may sound like the bright side of things, given that the last trade was at $3.90, but you know by now I'm a chronic optimist when it comes to Xebec.
   Take heart in the fact that it's $3.90 bid and $4.30 offered right now, with 2600 on the bid, and 100 offered.
    $4.30 US is $5.25 Canadian.
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