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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