Shares of Exco Technologies Limited (TSE:XTC - Get Free Report) reached a new 52-week low on Wednesday after an insider sold shares in the company. The stock traded as low as C$6.54 and last traded at C$6.55, with a volume of 8660 shares changing hands. The stock had previously closed at C$6.60.
Specifically, insider Paul Robbins sold 25,000 shares of the stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of C$6.53, for a total value of C$163,302.50.
Analysts Set New Price Targets
Separately, Cormark downgraded shares of Exco Technologies from a "moderate buy" rating to a "hold" rating in a report on Monday, February 3rd.
Check Out Our Latest Report on XTC
Exco Technologies Stock Performance
The company's fifty day simple moving average is C$7.24 and its 200 day simple moving average is C$7.85. The company has a quick ratio of 1.30, a current ratio of 2.83 and a debt-to-equity ratio of 26.17. The stock has a market capitalization of C$253.31 million, a price-to-earnings ratio of 8.98 and a beta of 1.15.
Exco Technologies Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 31st were paid a $0.105 dividend. The ex-dividend date of this dividend was Tuesday, December 17th. This represents a $0.42 annualized dividend and a dividend yield of 6.42%. Exco Technologies's dividend payout ratio is currently 57.69%.
About Exco Technologies
(
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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