Exco Technologies (TSE:XTC) Hits New 1-Year Low - Time to Sell?

Exco Technologies Limited (TSE:XTC - Get Free Report) hit a new 52-week low during trading on Thursday . The stock traded as low as C$5.65 and last traded at C$5.70, with a volume of 21502 shares. The stock had previously closed at C$5.81.

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.

Exco Technologies Trading Down 5.2 %

The company has a fifty day moving average of C$6.23 and a 200-day moving average of C$7.38. The company has a market capitalization of C$204.51 million, a price-to-earnings ratio of 7.25 and a beta of 1.15. The company has a current ratio of 2.83, a quick ratio of 1.30 and a debt-to-equity ratio of 26.17.

Exco Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 31st were paid a $0.105 dividend. This represents a $0.42 annualized dividend and a yield of 7.95%. The ex-dividend date of this dividend was Monday, March 17th. Exco Technologies's dividend payout ratio is currently 57.69%.

Insider Buying and Selling at Exco Technologies

In other Exco Technologies 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 value of C$163,302.50. 51.81% of the stock is currently owned by insiders.

About Exco Technologies

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.