Exco Technologies (TSE:XTC) Stock Crosses Above 200 Day Moving Average – Should You Sell?

by · The Cerbat Gem

Exco Technologies Limited (TSE:XTC – Get Free Report)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$7.86 and traded as high as C$8.50. Exco Technologies shares last traded at C$8.39, with a volume of 7,456 shares traded.

Exco Technologies Stock Up 0.5 %

The company has a current ratio of 2.80, a quick ratio of 1.30 and a debt-to-equity ratio of 30.07. The firm has a market capitalization of C$325.65 million, a P/E ratio of 10.54 and a beta of 1.15. The stock’s 50-day simple moving average is C$8.19 and its 200-day simple moving average is C$7.87.

Exco Technologies (TSE:XTC – Get Free Report) last issued its quarterly earnings results on Wednesday, July 31st. The company reported C$0.21 EPS for the quarter, meeting analysts’ consensus estimates of C$0.21. Exco Technologies had a return on equity of 8.35% and a net margin of 4.84%. The company had revenue of C$161.81 million during the quarter, compared to the consensus estimate of C$164.70 million. As a group, research analysts predict that Exco Technologies Limited will post 1.1393324 earnings per share for the current fiscal year.

Exco Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, September 27th were paid a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a dividend yield of 4.98%. The ex-dividend date was Friday, September 13th. Exco Technologies’s payout ratio is 52.50%.

Insider Buying and Selling

In other news, Senior Officer Paul Riganelli sold 3,200 shares of the stock in a transaction that occurred 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. In the last ninety days, insiders have sold 6,975 shares of company stock valued at $55,888. 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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