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ATB Cormark Capital Markets Sticks to Their Buy Rating for Abaxx Technologies Inc (ABXX)

Tipranks - Tipranks - Thu Jun 4, 1:32PM CDT

ATB Cormark Capital Markets analyst maintained a Buy rating on Abaxx Technologies Inc today and set a price target of C$115.00.

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Abaxx Technologies Inc has an analyst consensus of Moderate Buy, with a price target consensus of C$93.25.

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Based on Abaxx Technologies Inc’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of C$1.46 million and a GAAP net loss of C$20 million. In comparison, last year the company earned a revenue of C$28.33 thousand and had a GAAP net loss of C$7.59 million

Based on the recent corporate insider activity of 19 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of ABXX in relation to earlier this year.

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