Exco Technologies (TSE:XTC) Insider Acquires C$28,853.00 in Stock

Exco Technologies Limited (TSE:XTC) insider Darren Michael Kirk purchased 4,300 shares of the stock in a transaction dated Thursday, December 18th. The stock was purchased at an average cost of C$6.71 per share, for a total transaction of C$28,853.00. Following the completion of the purchase, the insider directly owned 9,300 shares of the company’s stock, valued at approximately C$62,403. The trade was a 86.00% increase in their ownership of the stock.

Darren Michael Kirk also recently made the following trade(s):

• On Wednesday, December 17th, Darren Michael Kirk acquired 32,000 shares of Exco Technologies stock. The stock was purchased at an average cost of C$6.70 per share, with a total value of C$214,400.00.

Exco Technologies Trading Up 2.4%

Shares of XTC stock opened at C$6.80 on Friday. The stock’s fifty day moving average is C$6.63 and its two-hundred day moving average is C$6.73. The company has a debt-to-equity ratio of 26.17, a quick ratio of 1.30 and a current ratio of 2.83. The firm has a market capitalization of C$258.16 million, a P/E ratio of 10.79 and a beta of 0.73. Exco Technologies Limited has a fifty-two week low of C$5.26 and a fifty-two week high of C$7.75.

Exco Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Wednesday, December 31st will be given a dividend of $0.105 per share. The ex-dividend date is Wednesday, December 17th. This represents a $0.42 dividend on an annualized basis and a yield of 6.2%. Exco Technologies’s payout ratio is presently 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.