Exco Technologies (TSE:XTC) Reaches New 1-Year Low – What’s Next?

Exco Technologies Limited (TSE:XTC)’s stock price reached a new 52-week low on Thursday . The stock traded as low as C$6.61 and last traded at C$6.61, with a volume of 21951 shares changing hands. The stock had previously closed at C$6.70.

Analyst Upgrades and Downgrades

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

Exco Technologies Trading Down 1.9 %

The company has a debt-to-equity ratio of 26.17, a current ratio of 2.83 and a quick ratio of 1.30. The business has a 50-day simple moving average of C$7.43 and a two-hundred day simple moving average of C$7.90. The stock has a market cap of C$254.47 million, a price-to-earnings ratio of 9.02 and a beta of 1.15.

Exco Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Tuesday, December 31st were paid a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a yield of 6.39%. The ex-dividend date was Tuesday, December 17th. Exco Technologies’s dividend payout ratio (DPR) is presently 57.69%.

Insider Buying and Selling at Exco Technologies

In other Exco Technologies news, Senior Officer William Peter Schroers sold 12,000 shares of the stock in a transaction dated Tuesday, December 31st. The shares were sold at an average price of C$7.51, for a total value of C$90,120.00. Insiders own 51.81% of the company’s stock.

Exco Technologies Company Profile

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.