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Exco Technologies (TSE:XTC) Shares Pass Above 200 Day Moving Average of $7.68

Exco Technologies logo with Consumer Cyclical background

Exco Technologies Limited (TSE:XTC - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$7.68 and traded as high as C$8.11. Exco Technologies shares last traded at C$8.07, with a volume of 4,756 shares traded.

Wall Street Analyst Weigh In

Separately, Acumen Capital set a C$11.00 target price on Exco Technologies and gave the company a "buy" rating in a research note on Thursday, June 27th.

View Our Latest Analysis on Exco Technologies

Exco Technologies Price Performance

The company has a debt-to-equity ratio of 30.07, a current ratio of 2.80 and a quick ratio of 1.30. The stock has a market capitalization of C$311.74 million, a price-to-earnings ratio of 10.09 and a beta of 1.16. The company has a 50-day simple moving average of C$7.91 and a two-hundred day simple moving average of C$7.68.

Exco Technologies (TSE:XTC - Get Free Report) last released its quarterly earnings data on Wednesday, July 31st. The company reported C$0.21 earnings per share for the quarter, hitting analysts' consensus estimates of C$0.21. The business had revenue of C$161.81 million for the quarter, compared to analysts' expectations of C$164.70 million. Exco Technologies had a net margin of 4.84% and a return on equity of 8.35%. On average, equities research analysts predict that Exco Technologies Limited will post 1.13947 earnings per share for the current year.

Exco Technologies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 27th. Shareholders of record on Friday, September 27th will be paid a $0.105 dividend. The ex-dividend date is Friday, September 13th. This represents a $0.42 annualized dividend and a dividend yield of 5.20%. Exco Technologies's payout ratio is currently 52.50%.

Insider Transactions at Exco Technologies

In other news, Senior Officer Paul Riganelli sold 3,200 shares of the firm's stock in a transaction on Friday, September 6th. The stock was sold at an average price of C$8.00, for a total transaction of C$25,600.00. Over the last three months, insiders sold 6,975 shares of company stock worth $55,888. Company insiders own 51.78% of the company's stock.

About Exco Technologies

(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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