Exco Technologies (TSE:XTC) Stock Passes Above 200 Day Moving Average of $7.50

Exco Technologies logoExco Technologies Limited (TSE:XTC – Get Rating) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$7.50 and trades as high as C$8.06. Exco Technologies shares last traded at C$8.04, with a volume of 30,223 shares traded.

Analyst Ratings Changes

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

Exco Technologies Stock Up 5.0 %

The business has a 50-day simple moving average of C$7.38 and a two-hundred day simple moving average of C$7.50. The stock has a market capitalization of C$312.84 million, a P/E ratio of 14.11 and a beta of 1.17. The company has a quick ratio of 1.30, a current ratio of 2.39 and a debt-to-equity ratio of 33.82.

Exco Technologies Dividend Announcement

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The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 30th. Shareholders 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 yield of 5.22%. The ex-dividend date is Thursday, June 15th. Exco Technologies’ dividend payout ratio is currently 73.68%.

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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