Shares of Exchange Income Co. (TSE:EIF - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$51.91 and traded as high as C$56.30. Exchange Income shares last traded at C$55.16, with a volume of 89,026 shares trading hands.
Analysts Set New Price Targets
Several research firms have recently commented on EIF. Ventum Financial set a C$74.00 target price on shares of Exchange Income and gave the stock a "buy" rating in a research report on Tuesday, November 5th. National Bankshares upped their price target on Exchange Income from C$61.00 to C$68.00 in a research note on Monday, November 11th. CIBC lifted their price objective on Exchange Income from C$66.00 to C$69.00 in a research note on Wednesday, December 4th. TD Securities lowered their price target on Exchange Income from C$69.00 to C$67.00 and set a "buy" rating for the company in a research report on Wednesday, October 23rd. Finally, Ventum Cap Mkts upgraded shares of Exchange Income to a "strong-buy" rating in a research note on Tuesday, November 5th. Six investment analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Buy" and a consensus target price of C$69.00.
View Our Latest Analysis on Exchange Income
Exchange Income Stock Performance
The business's 50-day simple moving average is C$56.55 and its 200 day simple moving average is C$51.99. The firm has a market cap of C$2.57 billion, a P/E ratio of 22.40, a P/E/G ratio of 1.42 and a beta of 2.04. The company has a debt-to-equity ratio of 171.03, a quick ratio of 1.13 and a current ratio of 1.77.
Exchange Income Announces Dividend
The firm also recently declared a monthly dividend, which was paid on Friday, November 15th. Shareholders of record on Thursday, October 31st were given a $0.22 dividend. The ex-dividend date was Thursday, October 31st. This represents a $2.64 annualized dividend and a yield of 4.87%. Exchange Income's payout ratio is presently 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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