Exco Technologies (TSE:XTC) Share Price Crosses Above 200 Day Moving Average of $7.57

Exco Technologies Limited (TSE:XTCGet Rating)’s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$7.57 and traded as high as C$7.85. Exco Technologies shares last traded at C$7.77, with a volume of 11,877 shares.

Wall Street Analysts Forecast Growth

XTC has been the topic of several analyst reports. BMO Capital Markets dropped their target price on Exco Technologies from C$9.00 to C$8.00 in a report on Thursday, February 2nd. Cormark raised their price objective on Exco Technologies from C$9.70 to C$10.75 in a report on Monday, May 1st.

Exco Technologies Stock Performance

The company has a debt-to-equity ratio of 33.82, a current ratio of 2.39 and a quick ratio of 1.30. The firm has a fifty day simple moving average of C$7.40 and a 200 day simple moving average of C$7.57. The company has a market capitalization of C$302.33 million, a price-to-earnings ratio of 13.63 and a beta of 1.16.

Exco Technologies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 30th. Stockholders of record on Friday, June 16th will be paid a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a dividend yield of 5.41%. The ex-dividend date of this dividend is Thursday, June 15th. Exco Technologies’s dividend payout ratio is presently 73.68%.

Exco Technologies Company Profile

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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.

Further Reading

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