Brad Bennett Buys 25,000 Shares of Exchange Income Co. (TSE:EIF) Stock

Exchange Income Co. (TSE:EIF - Get Free Report) Director Brad Bennett bought 25,000 shares of the firm's stock in a transaction dated Thursday, March 13th. The stock was purchased at an average price of C$49.77 per share, with a total value of C$1,244,182.50.

Exchange Income Stock Performance

Shares of TSE:EIF traded down C$0.01 during trading hours on Friday, hitting C$50.18. The stock had a trading volume of 95,285 shares, compared to its average volume of 112,036. The company has a debt-to-equity ratio of 173.72, a quick ratio of 1.13 and a current ratio of 1.76. The stock's fifty day simple moving average is C$52.36 and its 200 day simple moving average is C$53.85. The firm has a market capitalization of C$2.50 billion, a price-to-earnings ratio of 19.66, a PEG ratio of 1.42 and a beta of 2.04. Exchange Income Co. has a 1-year low of C$43.08 and a 1-year high of C$59.32.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. Paradigm Capital set a C$69.00 price target on shares of Exchange Income and gave the stock a "buy" rating in a research report on Thursday, January 30th. CIBC raised their target price on shares of Exchange Income from C$66.00 to C$69.00 in a report on Wednesday, December 4th. Finally, Scotiabank lowered their target price on Exchange Income from C$65.00 to C$64.00 in a report on Friday, February 28th. Six analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Exchange Income presently has a consensus rating of "Buy" and an average price target of C$69.00.

Exchange Income Company Profile

Exchange Income Corporation, together with its subsidiaries, engages in aerospace and aviation services and equipment, and manufacturing businesses worldwide. The company Aerospace & Aviation, and Manufacturing segments. The Aerospace & Aviation segment offers fixed wing and rotary wing, medevac, passenger, charter, freight, and auxiliary services; and operates two flight schools and trains pilots.