Xebec Adsorption (TSE:XBC) Shares Up 2% – Should You Buy?

Xebec Adsorption Inc. (TSE:XBC) shares shot up 2% during mid-day trading on Monday . The stock traded as high as C$0.52 and last traded at C$0.51. 337,870 shares changed hands during mid-day trading, a decline of 52% from the average session volume of 709,980 shares. The stock had previously closed at C$0.50.

Xebec Adsorption Trading Up 2.0 %

The company has a market cap of C$78.91 million and a PE ratio of -2.48. The company has a quick ratio of 0.63, a current ratio of 1.23 and a debt-to-equity ratio of 32.49. The business’s 50 day simple moving average is C$0.51.

Xebec Adsorption Company Profile

Xebec Adsorption Inc designs, manufactures, and sells purification, separation, dehydration, and filtration equipment for gases and compressed air in Canada, the United States, China, Korea, Italy, France, and internationally. It operates through Systems and Support segments. The company offers on-site air dehydration under the ADX Solutions brand; biogas to renewable natural gas systems under the BGX Solutions brand; hydrogen purification systems under the H2X Solutions brand; natural gas dehydration units for refueling stations under the NGX Solutions brand; and products for the filtration and separation of air and gases under FSX Solutions brand.