Currency Exchange International (TSE:CXI) Reaches New 1-Year High – Should You Buy?

Currency Exchange International, Corp. (TSE:CXI)’s share price reached a new 52-week high on Wednesday . The company traded as high as C$27.31 and last traded at C$27.69, with a volume of 2675 shares. The stock had previously closed at C$26.95.

Analyst Ratings Changes

Separately, Acumen Capital lifted their price target on Currency Exchange International from C$30.00 to C$32.00 and gave the company a “buy” rating in a report on Friday, January 23rd. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Currency Exchange International has an average rating of “Buy” and an average price target of C$32.00.

Currency Exchange International Stock Performance

The company has a debt-to-equity ratio of 14.28, a quick ratio of 1.62 and a current ratio of 2.65. The stock has a market cap of C$169.79 million, a PE ratio of 16.38 and a beta of 0.65. The firm has a fifty day moving average price of C$23.01 and a 200 day moving average price of C$22.66.

Currency Exchange International (TSE:CXI) last announced its earnings results on Wednesday, January 21st. The company reported C$1.03 earnings per share (EPS) for the quarter. The company had revenue of C$28.92 million for the quarter. Currency Exchange International had a return on equity of 3.06% and a net margin of 2.90%. Research analysts forecast that Currency Exchange International, Corp. will post 2.9278107 earnings per share for the current fiscal year.

Currency Exchange International Company Profile

Currency Exchange International Corp operates as a money service business and provides currency exchange, wire transfer, and cheque cashing services at its locations in the United States and Canada. The company earns maximum revenue from the United States of America. The company earns revenue in the form of Commission and Fee income.