Exco Technologies Limited (TSE:XTC - Get Free Report)'s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$7.81 and traded as high as C$8.63. Exco Technologies shares last traded at C$8.59, with a volume of 18,083 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Acumen Capital set a C$11.00 price target on Exco Technologies and gave the company a "buy" rating in a research note on Thursday, June 27th.
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Exco Technologies Stock Up 1.0 %
The company has a fifty day moving average price of C$8.10 and a 200-day moving average price of C$7.82. The company has a quick ratio of 1.30, a current ratio of 2.80 and a debt-to-equity ratio of 30.07. The stock has a market capitalization of C$335.31 million, a P/E ratio of 10.85 and a beta of 1.15.
Exco Technologies (TSE:XTC - Get Free Report) last posted its quarterly earnings results on Wednesday, July 31st. The company reported C$0.21 EPS for the quarter, hitting analysts' consensus estimates of C$0.21. The firm 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%. As a group, research analysts forecast that Exco Technologies Limited will post 1.1393324 EPS for the current fiscal year.
Exco Technologies Announces Dividend
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 4.84%. The ex-dividend date of this dividend was Friday, September 13th. Exco Technologies's payout ratio is currently 52.50%.
Insiders Place Their Bets
In related news, Senior Officer Paul Riganelli sold 3,200 shares of the business's stock in a transaction dated Friday, September 6th. The stock was sold at an average price of C$8.00, for a total value of C$25,600.00. Insiders have sold 6,975 shares of company stock worth $55,888 over the last three months. Company insiders own 51.81% of the company's stock.
About Exco Technologies
(
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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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