Xebec Adsorption Inc. (CVE:XBC) Director Kurt Sorschak sold 92,300 shares of the company’s stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of C$2.41, for a total value of C$222,443.00. Following the sale, the director now owns 2,518,896 shares of the company’s stock, valued at C$6,070,539.36.
Shares of CVE:XBC traded down C$0.13 during trading on Monday, reaching C$2.20. 427,916 shares of the company traded hands, compared to its average volume of 226,023. The company’s 50 day moving average is C$1.91 and its two-hundred day moving average is C$1.66. The firm has a market capitalization of $162.62 million and a PE ratio of 84.62. The company has a quick ratio of 1.98, a current ratio of 2.33 and a debt-to-equity ratio of 38.20. Xebec Adsorption Inc. has a 52 week low of C$0.68 and a 52 week high of C$2.44.
Xebec Adsorption (CVE:XBC) last released its earnings results on Tuesday, November 12th. The company reported C$0.01 earnings per share for the quarter, meeting analysts’ consensus estimates of C$0.01. The company had revenue of C$13.15 million for the quarter, compared to the consensus estimate of C$12.43 million. As a group, research analysts anticipate that Xebec Adsorption Inc. will post 0.11 EPS for the current year.
About Xebec Adsorption
Xebec Adsorption Inc provides gas purification, generation, and filtration solutions for the natural gas, field gas, biogas/renewable natural gas, helium, hydrogen, nitrogen, and oxygen markets. It operates through three segments: Clean Technology, Industrial Compressed Air and Gas Treatment, and Oil and Gas.
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