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Exco Technologies (TSE:XTC) Hits New 12-Month High - What's Next?

Exco Technologies logo with Consumer Cyclical background

Exco Technologies Limited (TSE:XTC - Get Free Report)'s share price reached a new 52-week high on Wednesday . The stock traded as high as C$8.35 and last traded at C$8.32, with a volume of 20056 shares changing hands. The stock had previously closed at C$8.25.

Analyst Upgrades and Downgrades

Separately, Acumen Capital set a C$11.00 price objective on shares of Exco Technologies and gave the stock a "buy" rating in a report on Thursday, June 27th.

Check Out Our Latest Research Report on XTC

Exco Technologies Price Performance

The firm has a 50-day moving average price of C$7.99 and a 200 day moving average price of C$7.77. The stock has a market capitalization of C$324.49 million, a P/E ratio of 10.50 and a beta of 1.15. The company has a debt-to-equity ratio of 30.07, a quick ratio of 1.30 and a current ratio of 2.80.

Exco Technologies (TSE:XTC - Get Free Report) last posted its quarterly earnings results on Wednesday, July 31st. The company reported C$0.21 earnings per share for the quarter, hitting the consensus estimate of C$0.21. The business had revenue of C$161.81 million during the quarter, compared to the consensus estimate of C$164.70 million. Exco Technologies had a net margin of 4.84% and a return on equity of 8.35%. On average, analysts expect that Exco Technologies Limited will post 1.1393324 EPS for the current year.

Exco Technologies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, September 27th were given a dividend of $0.105 per share. The ex-dividend date of this dividend was Friday, September 13th. This represents a $0.42 annualized dividend and a yield of ∞. Exco Technologies's payout ratio is currently 52.50%.

Insider Buying and Selling

In other Exco Technologies news, Senior Officer Paul Riganelli sold 3,200 shares of the business's stock in a transaction on Friday, September 6th. The shares were sold at an average price of C$8.00, for a total transaction of C$25,600.00. Insiders have sold 6,975 shares of company stock valued at $55,888 over the last ninety days. 51.81% of the stock is owned by insiders.

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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