Xplore Technologies Corp. (XPLR) was Downgraded by ROTH Capital to ” Neutral” while Lowering the Price Target of the company shares to $ 2.40 from a previous price target of $3.50 . Earlier the firm had a rating of “Buy ” on the company shares. ROTH Capital advised their investors in a research report released on Jul 13, 2016.
Xplore Technologies Corp. closed down -0.04 points or -1.66% at $2.37 with 15,902 shares getting traded on Monday. Post opening the session at $2.4, the shares hit an intraday low of $2.33 and an intraday high of $2.53 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
In a different news, on Jul 7, 2016, Thomas Leonardis (director) purchased 2,000 shares at $2.42 per share price. According to the SEC, on Jul 6, 2016, Thomas Wiley Wilkinson (CFO) purchased 10,000 shares at $2.44 per share price. On Feb 29, 2016, Mark Holleran (COO) purchased 2,280 shares at $3.95 per share price, according to the Form-4 filing with the securities and exchange commission.
Xplore Technologies Corp. (Xplore) is engaged in the development integration and marketing of rugged mobile personal computer systems (PCs). The Company’s rugged tablet PCs are designed to withstand various conditions such as extreme temperatures driving rain repeated vibrations dirt dust and concussive shocks. Its products include the iX104 product family RangerX Pro Bobcat and Motion. Xplore’s products are used by a range of field personnel including energy pipeline inspectors public safety responders warehouse workers and pharmaceutical scientists. The Company’s tablets are fitted with a range of accessories including various docking solutions wireless connectivity alternatives global positioning system modules biometric and smartcard options as well as traditional peripherals such as keyboards and cases. Xplore’s tablets also include long-term evolution (LTE) and wireless fidelity (Wi-Fi) connectivity options for real-time data access.