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

Exco Technologies logo with Consumer Cyclical background
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Exco Technologies Limited (TSE:XTC - Get Free Report) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$6.25 and last traded at C$6.27, with a volume of 24066 shares changing hands. The stock had previously closed at C$6.31.

Wall Street Analysts Forecast Growth

Separately, Cormark downgraded Exco Technologies from a "moderate buy" rating to a "hold" rating in a research report on Monday, February 3rd.

Check Out Our Latest Research Report on Exco Technologies

Exco Technologies Price Performance

The stock has a 50 day moving average of C$6.99 and a 200-day moving average of C$7.76. The company has a market cap of C$242.47 million, a PE ratio of 8.60 and a beta of 1.15. The company has a debt-to-equity ratio of 26.17, a quick ratio of 1.30 and a current ratio of 2.83.

Exco Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 31st were issued a dividend of $0.105 per share. The ex-dividend date of this dividend was Tuesday, December 17th. This represents a $0.42 dividend on an annualized basis and a yield of 6.71%. Exco Technologies's dividend payout ratio (DPR) is presently 57.69%.

Insider Activity

In related news, insider Paul Robbins sold 25,000 shares of the stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of C$6.53, for a total transaction of C$163,302.50. Also, Senior Officer William Peter Schroers sold 12,000 shares of the firm's stock in a transaction dated Tuesday, December 31st. The shares were sold at an average price of C$7.51, for a total transaction of C$90,120.00. Company insiders own 51.81% of the company's stock.

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Exco Technologies Company Profile

(Get Free Report)

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.

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