Currency Exchange International (TSE:CXI) Stock Passes Below 50-Day Moving Average – Here’s What Happened

Currency Exchange International, Corp. (TSE:CXI)’s share price crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$24.68 and traded as low as C$24.25. Currency Exchange International shares last traded at C$24.25, with a volume of 800 shares traded.

Currency Exchange International Trading Up 0.2%

The firm has a market capitalization of C$145.11 million, a PE ratio of 13.32 and a beta of 0.76. The company’s 50-day moving average price is C$24.68 and its 200-day moving average price is C$24.61. The company has a debt-to-equity ratio of 7.33, a quick ratio of 1.62 and a current ratio of 62.52.

Currency Exchange International (TSE:CXI) last released its quarterly earnings data on Wednesday, March 11th. The company reported C$0.44 earnings per share (EPS) for the quarter. The business had revenue of C$21.01 million during the quarter. Currency Exchange International had a net margin of 15.22% and a return on equity of 13.26%. On average, sell-side analysts expect that Currency Exchange International, Corp. will post 2.9278107 earnings per share for the current year.

About Currency Exchange International

Currency Exchange International is in the business of providing comprehensive foreign exchange technology and processing services for banks, credit unions, businesses, and consumers in the United States and select clients globally. Primary products and services include the exchange of foreign currencies, wire transfer payments, Global EFTs, and foreign cheque clearing. Wholesale customers are served through its proprietary FX software applications delivered on its web-based interface, www.cxifx.com (‘CXIFX’), its related APIs with core banking platforms, and through personal relationship managers.