Exco Technologies (TSE:XTC) Share Price Passes Above 200-Day Moving Average - Should You Sell?

Exco Technologies Limited (TSE:XTC - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$7.92 and traded as high as C$8.49. Exco Technologies shares last traded at C$8.47, with a volume of 6,569 shares.

Exco Technologies Price Performance

The business has a 50-day simple moving average of C$8.22 and a 200 day simple moving average of C$7.92. The company has a debt-to-equity ratio of 30.07, a quick ratio of 1.30 and a current ratio of 2.80. The firm has a market cap of C$327.20 million, a P/E ratio of 10.59 and a beta of 1.15.

Exco Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, September 27th were issued a $0.105 dividend. This represents a $0.42 annualized dividend and a yield of 4.96%. The ex-dividend date of this dividend was Friday, September 13th. Exco Technologies's dividend payout ratio (DPR) is 52.50%.

Insider Activity at Exco Technologies

In related news, Senior Officer Paul Riganelli sold 3,200 shares of the firm's stock in a transaction that occurred on Friday, September 6th. The shares were sold at an average price of C$8.00, for a total value of C$25,600.00. Insiders sold 6,975 shares of company stock valued at $55,888 over the last 90 days. Corporate insiders own 51.81% of the company's stock.

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.