Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
XTEK Limited ( (AU:HCL) ) has provided an update.
HighCom Limited has secured orders worth approximately AUD$1.1 million for counter small uncrewed aerial system parts and technical services, reflecting strong customer confidence in their offerings. This development underscores HighCom’s commitment to delivering value and expanding its service line, which is expected to enhance its operational capabilities and market positioning.
The most recent analyst rating on (AU:HCL) stock is a Buy with a A$0.40 price target. To see the full list of analyst forecasts on XTEK Limited stock, see the AU:HCL Stock Forecast page.
More about XTEK Limited
HighCom Group (ASX:HCL) consists of HighCom Ltd (Australia) and operates two distinct businesses: HighCom Armor and HighCom Technology. HighCom Armor provides advanced personal protection ballistic products for military, law enforcement, and first responders, including body armor and ballistic helmets. HighCom Technology supplies Australian Defence and Security Agencies with Small Uncrewed Aerial Systems (SUAS) and Sensor Payloads, along with program management, systems integration, and logistics support services.
Average Trading Volume: 309,474
Technical Sentiment Signal: Buy
Current Market Cap: A$35.94M
For a thorough assessment of HCL stock, go to TipRanks’ Stock Analysis page.