Exco Technologies (TSE:XTC) Stock Crosses Above Two Hundred Day Moving Average – What’s Next?

Exco Technologies Limited (TSE:XTC) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$7.48 and traded as high as C$8.06. Exco Technologies shares last traded at C$7.99, with a volume of 43,448 shares traded.

Exco Technologies Stock Performance

The company has a debt-to-equity ratio of 24.28, a quick ratio of 1.30 and a current ratio of 2.70. The firm’s 50 day simple moving average is C$7.69 and its 200 day simple moving average is C$7.48. The firm has a market capitalization of C$300.41 million, a price-to-earnings ratio of 12.68 and a beta of 1.10.

Exco Technologies (TSE:XTC) last released its quarterly earnings data on Wednesday, April 29th. The company reported C$0.15 EPS for the quarter. Exco Technologies had a net margin of 3.96% and a return on equity of 6.02%. The business had revenue of C$157.56 million for the quarter. Sell-side analysts forecast that Exco Technologies Limited will post 1.1393324 earnings per share for the current fiscal year.

Exco Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 30th were given a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a yield of 5.3%. The ex-dividend date of this dividend was Tuesday, June 16th. Exco Technologies’s dividend payout ratio (DPR) is currently 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.