Exco Technologies (TSE:XTC) Reaches New 12-Month Low – Here’s What Happened

Exco Technologies Limited (TSE:XTCGet Free Report)’s share price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as C$5.98 and last traded at C$5.99, with a volume of 10077 shares traded. The stock had previously closed at C$5.92.

Analyst Upgrades and Downgrades

Separately, Cormark lowered shares of Exco Technologies from a “moderate buy” rating to a “hold” rating in a report on Monday, February 3rd.

Get Our Latest Research Report on XTC

Exco Technologies Price Performance

The company has a market capitalization of C$230.07 million, a price-to-earnings ratio of 8.16 and a beta of 1.15. The business has a 50 day moving average price of C$6.82 and a 200-day moving average price of C$7.68. The company has a debt-to-equity ratio of 26.17, a quick ratio of 1.30 and a current ratio of 2.83.

Exco Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 31st will be given a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a dividend yield of 7.07%. The ex-dividend date is Monday, March 17th. Exco Technologies’s dividend payout ratio (DPR) is 57.69%.

Insider Transactions at Exco Technologies

In other news, Senior Officer William Peter Schroers sold 12,000 shares of the company’s stock in a transaction dated Tuesday, December 31st. The shares were sold at an average price of C$7.51, for a total transaction of C$90,120.00. Also, insider Paul Robbins sold 25,000 shares of the business’s stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of C$6.53, for a total value of C$163,302.50. Insiders own 51.81% of the company’s stock.

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.

Further Reading

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