Boston, MA 06/14/2013 (wallstreetpr) – The share prices of XRS Corp (NASDAQ:XRSC) had surged by 14.72 percent to close at $2.65 per share for the end of last trading session on Thursday. The shares of the company had been trading in the range of $2.29 to $2.72 per share, which had pushed the company to new peaks. The shares of XRS Corp (NASDAQ:XRSC) had thereby adjusted its 52 week high price level to $2.72 per share, while the 52 week low price level of the company is at $0.49 per share.
XRS Corp (NASDAQ:XRSC), which was formerly known as XATA corporation is involved in providing fleet management solutions to the transportation industry. The technologies and services provided by the company are intended at enabling the customers to optimize the utilization of their assets and thereby enhance the productivity of fleet operations across the entire supply chain. The company provides solutions to the transportation sector related to paperless electronic logs, exception based management reporting and learned standards for accurate business intelligence.
XRS Corp (NASDAQ:XRSC) is involved in providing an enterprise logistics management solution to the provide and for hire fleet customers by integrating the enterprise based software solutions with the global positioning systems based mobile technology through the use of real time communications. The company had recently organized the XUE 2013, which is a primary event for the XRS users and other decision makers in the trucking industry. The event would feature an extensive education program, presentations by industry experts and discussions on recent developments in the industry.
XRS Corp (NASDAQ:XRSC) had announced that it would distribute Samsung Galaxy Tab 2 (7.0) to the first 300 paid attendees to XUE 2013 in order to enhance early registrations. The company had witnessed the trade of 63,400 shares on Thursday. XRS Corp (NASDAQ:XRSC) presently holds 10.82 million shares outstanding in the market with an institutional ownership of 6 percent of its holdings.
