Exco Technologies (TSE:XTC) Hits New 1-Year Low - What's Next?

Exco Technologies Limited (TSE:XTC - Get Free Report) reached a new 52-week low on Monday . The stock traded as low as C$6.60 and last traded at C$6.79, with a volume of 30759 shares trading hands. The stock had previously closed at C$7.05.

Analysts Set New Price Targets

Separately, Cormark lowered Exco Technologies from a "moderate buy" rating to a "hold" rating in a report on Monday.

Exco Technologies Stock Up 0.6 %

The stock has a market capitalization of C$264.62 million, a price-to-earnings ratio of 8.56 and a beta of 1.15. The firm has a 50 day simple moving average of C$7.55 and a 200-day simple moving average of C$7.93. The company has a debt-to-equity ratio of 30.07, a current ratio of 2.80 and a quick ratio of 1.30.

Exco Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Tuesday, December 31st were given a dividend of $0.105 per share. The ex-dividend date was Tuesday, December 17th. This represents a $0.42 dividend on an annualized basis and a yield of 6.13%. Exco Technologies's dividend payout ratio (DPR) is presently 52.50%.

Insider Transactions at Exco Technologies

In related news, Senior Officer William Peter Schroers sold 12,000 shares of the firm's stock in a transaction dated Tuesday, December 31st. The stock was sold at an average price of C$7.51, for a total value of C$90,120.00. Company insiders own 51.81% of the company's stock.

Exco Technologies Company Profile

Exco Technologies Limited, together with its subsidiaries, designs, develops, manufactures, and sells dies, molds, components and assemblies, and consumable equipment for the die-cast, extrusion, and automotive industries. It operates through two segments, Casting and Extrusion, and Automotive Solutions.