Xplore Technologies Corp. (NASDAQ:XPLR)’s share price dropped 5.7% during trading on Thursday . The company traded as low as $2.30 and last traded at $2.31, with a volume of 55,554 shares traded. The stock had previously closed at $2.45.

Separately, Zacks Investment Research cut Xplore Technologies Corp. from a “hold” rating to a “strong sell” rating in a report on Tuesday.

The company has a 50-day moving average price of $3.04 and a 200-day moving average price of $3.68. The firm’s market capitalization is $26.18 million.

Xplore Technologies Corp. (NASDAQ:XPLR) last announced its quarterly earnings data on Wednesday, June 29th. The company reported ($0.09) earnings per share for the quarter, missing the consensus estimate of $0.01 by $0.10. On average, equities analysts forecast that Xplore Technologies Corp. will post $0.14 EPS for the current fiscal year.

An institutional investor recently raised its position in Xplore Technologies Corp. stock. AWM Investment Company Inc. increased its stake in shares of Xplore Technologies Corp. (NASDAQ:XPLR) by 12.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 225,000 shares of the company’s stock after buying an additional 25,000 shares during the period. AWM Investment Company Inc. owned approximately 2.07% of Xplore Technologies Corp. worth $1,152,000 at the end of the most recent reporting period.

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.

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