XRA.CN XRApplied (CNQ) up 100% 24 Feb 2026: high volume flags trading interest
The XRA.CN stock surged 100.00% intraday on 24 Feb 2026, trading between C$0.02 and C$0.03 on CNQ during market hours. The move came on a volume spike near 35,000.00 shares, far above recent activity. This article reviews the catalyst, key ratios, Meyka AI grade, and a short-term forecast to put the trade into market context.
XRA.CN stock: intraday move and volume
XRA.CN posted a one-day rise of 100.00% to C$0.03 on 24 Feb 2026. Volume for the session reached 35,000.00 shares, compared with much lower recent daily flows. The intraday open was C$0.02 and the session high was C$0.03. Company background, filings, and product information are available on the corporate site source.
Fundamentals and valuation for XRA.CN stock
XRApplied Technologies Inc. shows EPS -0.12 and a reported PE -0.25, reflecting losses and a micro-cap profile. Market capitalization stands at C$2,062,338.00 with 68,744,600.00 shares outstanding. Book value per share is C$0.44 and price-to-book is 0.07, signalling deep value metrics but limited revenue traction.
Technical and trading stats for XRA.CN
Short-term averages are at C$0.03 for 50- and 200-day moving averages. The 52-week range is C$0.02 to C$0.03. Recent three-month change shows a 20.00% rise, while one-year is -83.33%. Liquidity is thin; average volume data is not available, so spikes like today can create rapid price swings.
Meyka AI rates and forecast for XRA.CN stock
Meyka AI rates XRA.CN with a score out of 100: 62.51 | Grade B | Suggestion: HOLD. This grade factors in S&P 500 comparison, sector and industry peers, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects C$0.04 over 12 months versus the current C$0.03, implying an upside of 33.33%. Forecasts are model-based projections and not guarantees.
Catalysts, risks and sector context for XRA.CN stock
XRApplied operates in Technology, Software – Application, a sector with average PE near 43.64 and average current ratio 1.88. XRApplied’s current ratio is 3.04, providing short-term liquidity but revenue per share is C$0.00, reflecting limited sales. Major risks include low liquidity, continued operating losses, and high intangible asset share (89.21% of assets).
High-volume mover strategy and trading notes
As a high-volume mover, XRA.CN needs a strict plan: target small position sizing and tight risk controls due to thin float and volatile moves. Consider a short-term price target of C$0.05 and a longer speculative target of C$0.10 only if follow-through volume and corporate news appear. No analyst coverage or consensus price target is published, so trade on verifiable catalysts and liquidity.
Final Thoughts
The XRA.CN stock intraday spike to C$0.03 on 24 Feb 2026 was driven by a clear volume surge to 35,000.00 shares, highlighting speculative interest in this micro-cap Technology name on CNQ. Fundamentals show EPS -0.12, negative earnings and a very low price-to-book of 0.07, which signal deep valuation but limited revenue traction. Meyka AI grades XRA.CN 62.51 (B) – HOLD, reflecting mixed signals from balance sheet strength and weak operating metrics. Our forecast model projects C$0.04 in 12 months, an implied upside of 33.33%, but that outlook depends on improved revenues or clear corporate catalysts. For traders, the trade is execution-driven: manage position size, set stop losses, and watch volume and official news carefully. These moves can reverse quickly in low-liquidity stocks, so treat XRA.CN as a high-volatility, high-risk ticker. Meyka AI provides this as AI-powered market analysis; it is not investment advice.
FAQs
What drove the XRA.CN stock move today?
The move was a volume-driven intraday surge to C$0.03 with 35,000.00 shares traded. No formal earnings release was posted; traders reacted to speculative interest. Confirm corporate news on the company site before trading.
What is Meyka AI’s view on XRA.CN stock?
Meyka AI rates XRA.CN 62.51 (Grade B) with a HOLD suggestion. The model calls for C$0.04 in 12 months, a 33.33% implied upside, subject to company performance and liquidity changes.
What are the main risks for XRA.CN stock investors?
Key risks include very low liquidity, ongoing operating losses (EPS -0.12), limited revenue, and high intangible asset weighting. Price can swing sharply on small trades or rumors.
Are there price targets for XRA.CN stock?
We use trading scenarios: a near-term target of C$0.05 and a speculative 12-month target of C$0.10 if revenue and volume improve. These are illustrative, not guaranteed.
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.