Exco Technologies (TSE:XTC) Stock Passes Above 200-Day Moving Average – Time to Sell?

Exco Technologies Limited (TSE:XTC) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$7.27 and traded as high as C$7.89. Exco Technologies shares last traded at C$7.85, with a volume of 13,915 shares traded.

Exco Technologies Stock Performance

The firm has a market cap of C$292.51 million, a PE ratio of 12.35 and a beta of 1.11. The company has a 50 day simple moving average of C$7.53 and a 200-day simple moving average of C$7.29. The company has a debt-to-equity ratio of 24.28, a current ratio of 2.70 and a quick ratio of 1.30.

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

Exco Technologies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 30th will be paid a $0.105 dividend. The ex-dividend date of this dividend is Tuesday, June 16th. This represents a $0.42 annualized dividend and a yield of 5.4%. Exco Technologies’s dividend payout ratio is currently 66.67%.

About Exco Technologies

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.