C$0.03 jump: XRApplied Technologies (XRA.CN CNQ) high-volume mover 27 Feb 2026
XRA.CN stock surged to C$0.03 on 27 Feb 2026 during market hours on the CNQ, trading 35,000 shares and doubling from this morning’s open. This move makes XRApplied Technologies Inc. (XRA.CN) a high-volume mover in the Technology sector in Canada. The immediate driver is short-term buying interest and low free float, not company earnings. We track liquidity, valuation, and catalysts to assess whether the spike is technical or the start of a sustained recovery.
XRA.CN stock: Market move and volume
XRA.CN stock rose from an open of C$0.015 to a day high of C$0.03 on increased trading during market hours. Volume hit 35,000 shares, well above recent intraday activity for this microcap. The price change registered +100.0%, a common pattern for thinly traded names when a block order or bulletin sparks interest. Watch bid sizes and spread to judge genuine demand versus a short-term squeeze.
Financial snapshot and valuation
XRApplied Technologies Inc. shows a market cap of C$2,062,338.00 and 68,744,600 shares outstanding. Trailing EPS is -0.12, and TTM PE reads -0.63, reflecting losses. Key ratios: PB 0.07, current ratio 3.04, and cash per share C$0.03. The balance sheet shows modest cash cushions but no material revenue per share. These metrics imply a speculative valuation based on assets and IP, not recurring revenue.
Products, operations and sector context
XRA.CN operates in augmented and mixed reality with apps like ARFlooring Made Easy and Rifters AR. The company lists operations in Canada and France and an online presence at xrapplied.com. The Technology sector in Canada has shown 3M performance gains, but comparable software application peers trade with higher PB and revenue multiples. XRApplied remains an early-stage player versus larger software firms.
Technical view, liquidity and trading risks
Technically, XRA.CN shows a tight 50-day and 200-day average at C$0.03, reflecting low price history. The bid-ask spread widens on spikes, raising execution risk for larger orders. Average institutional coverage is nil and average volume data is unavailable, increasing volatility risk. For traders, set strict stop levels and plan position size for limited liquidity.
Meyka AI grade and short-term forecast
Meyka AI rates XRA.CN with a score of 62.62 out of 100 (Grade B, HOLD). This grade factors S&P 500 and sector comparisons, industry peers, financial growth, key metrics, forecast models, and analyst consensus where available. Meyka AI’s forecast model projects a short-term target of C$0.05, implying +66.67% from the current C$0.03. Forecasts are model-based projections and not guarantees. For more on the company profile see the company website and data image at financial model image.
Risks, catalysts and what to watch next
Primary risks include limited revenue visibility, negative EPS, and thin trading float. Catalysts that could sustain moves: a clear revenue update, new enterprise partnerships, or broader AR use-case wins. Monitor company filings, press releases, and any block trades. Also check liquidity signals on the CNQ and broader Technology sector momentum for context. For an on-platform snapshot, view the Meyka stock page for XRA.CN.
Final Thoughts
XRA.CN stock is a classic microcap high-volume mover during market hours on the CNQ. The intraday surge to C$0.03 on 35,000 shares reflects low float dynamics more than fundamental change. Meyka AI’s grade of 62.62 (Grade B, HOLD) signals cautious interest, weighing asset value and cash per share against persistent losses. Meyka AI’s forecast model projects C$0.05, implying +66.67% upside from C$0.03, but this projection is model-based and not guaranteed. Short-term traders may profit from momentum, but investors should require clear revenue or partnership news before increasing exposure. Keep position sizes small, watch spreads, and use confirmed company updates as the primary basis to shift from trading to investing in XRApplied Technologies Inc. (XRA.CN) on the CNQ.
FAQs
What caused the XRA.CN stock spike today?
The spike to C$0.03 came from increased intraday buying and low float. There is no confirmed earnings release; thin liquidity and a block trade are the likeliest immediate causes.
What is Meyka AI’s current view on XRA.CN stock?
Meyka AI rates XRA.CN 62.62/100 (Grade B, HOLD). The model sees speculative upside but flags weak revenue, negative EPS, and liquidity risks. This is informational, not advice.
Does Meyka AI provide a price forecast for XRA.CN stock?
Yes. Meyka AI’s forecast model projects C$0.05 short-term for XRA.CN stock, implying +66.67% from C$0.03. Forecasts are model-based and not guarantees.
What should traders watch when trading XRA.CN stock?
Watch bid-ask spread, block trades, CNQ liquidity, and official company updates. Use small sizes and tight stops because the stock trades thinly and moves quickly.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.