Exchange Income Co. (TSE:EIF - Get Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$50.25 and traded as high as C$56.00. Exchange Income shares last traded at C$55.50, with a volume of 121,797 shares.
Analyst Ratings Changes
Several analysts have recently weighed in on EIF shares. Royal Bank of Canada upped their price objective on Exchange Income from C$65.00 to C$71.00 in a report on Thursday, November 14th. CIBC upped their price target on shares of Exchange Income from C$66.00 to C$69.00 in a report on Wednesday, December 4th. Canaccord Genuity Group lifted their price objective on shares of Exchange Income from C$70.00 to C$72.00 in a research note on Tuesday, November 12th. TD Securities cut their target price on shares of Exchange Income from C$69.00 to C$67.00 and set a "buy" rating for the company in a research note on Wednesday, October 23rd. Finally, National Bankshares lifted their price target on shares of Exchange Income from C$61.00 to C$68.00 in a research report on Monday, November 11th. Six analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average target price of C$69.00.
View Our Latest Analysis on EIF
Exchange Income Price Performance
The stock's fifty day moving average price is C$55.55 and its 200-day moving average price is C$50.36. The company has a debt-to-equity ratio of 171.03, a current ratio of 1.77 and a quick ratio of 1.13. The firm has a market cap of C$2.68 billion, a price-to-earnings ratio of 23.30, a price-to-earnings-growth ratio of 1.42 and a beta of 2.04.
Exchange Income Announces Dividend
The firm also recently declared a monthly dividend, which was paid on Friday, November 15th. Investors of record on Thursday, October 31st were given a dividend of $0.22 per share. This represents a $2.64 annualized dividend and a yield of 4.68%. The ex-dividend date of this dividend was Thursday, October 31st. Exchange Income's payout ratio is 109.09%.
About Exchange Income
(
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Exchange Income Corporation, together with its subsidiaries, engages in aerospace and aviation services and equipment, and manufacturing businesses worldwide. The company Aerospace & Aviation, and Manufacturing segments. The Aerospace & Aviation segment offers fixed wing and rotary wing, medevac, passenger, charter, freight, and auxiliary services; and operates two flight schools and trains pilots.
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