Exco Technologies (TSE:XTC) Hits New 52-Week High – Time to Buy?

Exco Technologies Limited (TSE:XTC)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as C$7.68 and last traded at C$7.59, with a volume of 36925 shares changing hands. The stock had previously closed at C$7.39.

Exco Technologies Trading Down 1.2%

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 company has a fifty day moving average of C$6.91 and a 200-day moving average of C$6.76. The firm has a market capitalization of C$285.58 million, a PE ratio of 11.58 and a beta of 0.81.

Exco Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Wednesday, December 31st were issued a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a dividend yield of 5.6%. The ex-dividend date was Wednesday, December 17th. Exco Technologies’s payout ratio is currently 64.62%.

Insider Activity at Exco Technologies

In other news, insider Darren Michael Kirk acquired 4,300 shares of the company’s stock in a transaction that occurred on Thursday, December 18th. The shares were purchased at an average price of C$6.71 per share, for a total transaction of C$28,853.00. Following the completion of the acquisition, the insider owned 9,300 shares of the company’s stock, valued at approximately C$62,403. This represents a 86.00% increase in their position. Insiders own 51.81% of the company’s stock.

Exco Technologies Company Profile

Exco Technologies Ltd is a designer, developer, and manufacturer of dies, moulds, components and assemblies, and consumable equipment for the die-cast, extrusion, and automotive industries. The company reports in two business segments namely, Casting and Extrusion segment and Automotive Solutions segment. It generates maximum revenue from the Automotive Solutions segment. The Automotive Solutions segment produces automotive interior components and assemblies primarily for seating, cargo storage, and restraint for sale to automotive manufacturers and Tier 1 suppliers.