Xtract One Tech (TSE:XTR) Hits New 12-Month Low – What’s Next?

Shares of Xtract One Tech (TSE:XTR – Get Free Report) reached a new 52-week low on Thursday. The stock traded as low as C$0.39 and last traded at C$12.38, with a volume of 6,469 shares traded. The stock had previously closed at C$12.49.

Wall Street Analyst Weigh In

Separately, LADENBURG THALM/SH SH raised Xtract One Tech to a “strong-buy” rating in a report on Wednesday, October 7th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Strong Buy”.

Check Out Our Latest Stock Analysis on XTR

Xtract One Tech Trading Up 0.1%

The firm has a fifty day simple moving average of C$12.30 and a 200-day simple moving average of C$12.20.

About Xtract One Tech

(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. Exposure to these types of income-bearing investments may also be obtained by investing directly in them and/or through the use of derivatives.

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