Almacenes Éxito (NYSE:EXTO) Reaches New 1-Year Low - Should You Sell?

Almacenes Éxito S.A. (NYSE:EXTO - Get Free Report) shares hit a new 52-week low on Friday . The stock traded as low as $3.67 and last traded at $3.70, with a volume of 8895 shares trading hands. The stock had previously closed at $3.79.

Almacenes Éxito Trading Up 1.6 %

The business has a 50 day simple moving average of $4.02 and a two-hundred day simple moving average of $4.19. The company has a current ratio of 0.73, a quick ratio of 0.32 and a debt-to-equity ratio of 0.25. The company has a market cap of $624.60 million, a PE ratio of 11.00 and a beta of -0.51.

Almacenes Éxito Increases Dividend

The firm also recently announced a -- dividend, which was paid on Tuesday, December 17th. Investors of record on Monday, December 9th were given a dividend of $0.0248 per share. The ex-dividend date of this dividend was Monday, December 9th. This is an increase from Almacenes Éxito's previous -- dividend of $0.01. This represents a yield of 1.2%. Almacenes Éxito's dividend payout ratio is 31.43%.

Institutional Trading of Almacenes Éxito

Several hedge funds and other institutional investors have recently added to or reduced their stakes in EXTO. Caprock Group LLC purchased a new stake in shares of Almacenes Éxito during the 2nd quarter valued at $259,000. HBK Sorce Advisory LLC acquired a new position in Almacenes Éxito in the second quarter valued at $77,000. Finally, Kathmere Capital Management LLC purchased a new stake in Almacenes Éxito during the second quarter valued at about $71,000.

About Almacenes Éxito

Almacenes Éxito SA operates as a retail commerce company in South America. The company operates a chain of retail stores primarily under the Éxito, Carulla, Surtimax, Super Inter, Surti Mayorista, Libertad, Mini Libertad, Devoto, Disco, and Géant brands. It is also involved in the online commerce activities.