XPEL (NASDAQ:XPEL) Stock Price Up 7.2%

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XPEL (NASDAQ:XPEL) shares rose 7.2% during trading on Wednesday . The company traded as high as $11.35 and last traded at $11.04, approximately 217,803 shares traded hands during trading. An increase of 296% from the average daily volume of 54,965 shares. The stock had previously closed at $10.30.

Separately, Craig Hallum initiated coverage on XPEL in a research report on Wednesday, September 4th. They set a “buy” rating and a $15.00 target price on the stock.

The company has a quick ratio of 1.06, a current ratio of 2.20 and a debt-to-equity ratio of 0.14. The company’s 50-day simple moving average is $10.92.

XPEL (NASDAQ:XPEL) last issued its quarterly earnings data on Wednesday, August 21st. The company reported $0.11 earnings per share (EPS) for the quarter. The company had revenue of $30.09 million during the quarter.

About XPEL (NASDAQ:XPEL)

XPEL, Inc manufactures, sells, distributes, and installs after-market automotive products in the United States, Canada, the United Kingdom, and the Netherlands. The company offers paint protection films; headlight protection; automotive window films; and plotters. It also provides apparel, merchandise, aftercare products, paint protection films, microfiber products, install tools, and paint protection film install tolls through online.

Further Reading: Market Perform

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