Xplore Technologies Corp. (XPLR) is Initiated by Maxim Group to Buy, Price Target at $5

Xplore Technologies Corp. (XPLR) was Initiated by Maxim Group to “Buy” and the brokerage firm has set the Price Target at $5. Maxim Group advised their investors in a research report released on Sep 13, 2016.

Many Wall Street Analysts have commented on Xplore Technologies Corp.. Shares were Downgraded by ROTH Capital on Jul 13, 2016 to ” Neutral” and Lowered the Price Target to $ 2.40 from a previous price target of $3.50 .

Xplore Technologies Corp. opened for trading at $2.39 and hit $2.5 on the upside on Monday, eventually ending the session at $2.5, with a gain of 5.04% or 0.12 points. The heightened volatility saw the trading volume jump to 56,759 shares. Company has a market cap of $27 M.

In a different news, on Jul 18, 2016, Mark Holleran (COO) purchased 2,000 shares at $2.36 per share price. According to the SEC, on Jul 7, 2016, Thomas Leonardis (director) purchased 2,000 shares at $2.42 per share price. On Jul 6, 2016, Thomas Wiley Wilkinson (CFO) purchased 10,000 shares at $2.44 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.

Xplore Technologies Corp.

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