Exco Technologies (TSE:XTC) Reaches New 52-Week High – Here’s What Happened

Shares of Exco Technologies Limited (TSE:XTC) hit a new 52-week high during trading on Monday . The company traded as high as C$8.14 and last traded at C$8.11, with a volume of 17605 shares trading hands. The stock had previously closed at C$7.79.

Exco Technologies Stock Down 0.1%

The stock has a 50 day moving average price of C$7.56 and a 200 day moving average price of C$7.32. The stock has a market capitalization of C$293.64 million, a price-to-earnings ratio of 12.40 and a beta of 1.11. The company has a quick ratio of 1.30, a current ratio of 2.70 and a debt-to-equity ratio of 24.28.

Exco Technologies (TSE:XTC) last announced its quarterly earnings results on Wednesday, April 29th. The company reported C$0.15 EPS for the quarter. Exco Technologies had a return on equity of 6.02% and a net margin of 3.96%.The firm had revenue of C$157.56 million for the quarter. As a group, analysts forecast that Exco Technologies Limited will post 1.1393324 EPS for the current year.

Exco Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 30th will be issued a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date is Tuesday, June 16th. Exco Technologies’s payout ratio is 66.67%.

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.