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<WIRE> XTEK (ASX:XTE) Sees Share Increase Following $2.07 Million Order Win



XTEK (ASX:XTE) shares experienced an influx today, rising as high as 3.23% to A$0.320, marking the most significant gain since mid-September.

Tracking well, the stock posted its biggest intraday percentage gain since late September, marking the third consecutive session of gains.

The increased stock activity follows the announcement that XTEK, a defense products manufacturer, secured an order worth $3.2 million, or $2.07 million USD, to supply military products to an unidentified international military customer.

206,531 shares changed hands, showing 1.2x the 30-day average volume of 166,568 shares, indicating a surge of interest in the company.

Despite these gains, XTEK’s stock has fallen 49.2% this year, as measured from its last closing price.

XTEK (ASX:XTE) is a prominent defense products manufacturer.


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