Insider Buying: Exchange Income Co. (TSE:EIF) Director Buys 4,000 Shares of Stock

Exchange Income Co. (TSE:EIF) Director Michael Pyle purchased 4,000 shares of the stock in a transaction on Friday, February 28th. The shares were purchased at an average price of C$50.26 per share, with a total value of C$201,052.00.

Exchange Income Stock Down 0.1 %

TSE:EIF traded down C$0.07 on Friday, hitting C$50.38. The stock had a trading volume of 155,857 shares, compared to its average volume of 111,054. The company has a quick ratio of 1.13, a current ratio of 1.76 and a debt-to-equity ratio of 173.72. Exchange Income Co. has a 52 week low of C$43.08 and a 52 week high of C$59.32. The business’s fifty day moving average is C$55.16 and its 200 day moving average is C$53.55. The company has a market cap of C$2.51 billion, a PE ratio of 19.74, a P/E/G ratio of 1.42 and a beta of 2.04.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Royal Bank of Canada increased their price objective on shares of Exchange Income from C$65.00 to C$71.00 in a research report on Thursday, November 14th. Paradigm Capital set a C$69.00 price objective on Exchange Income and gave the stock a “buy” rating in a research report on Thursday, January 30th. Scotiabank dropped their price objective on Exchange Income from C$65.00 to C$64.00 in a research note on Friday. Ventum Cap Mkts raised Exchange Income to a “strong-buy” rating in a research note on Tuesday, November 5th. Finally, Canaccord Genuity Group boosted their price target on Exchange Income from C$70.00 to C$72.00 in a research note on Tuesday, November 12th. Six equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of C$69.00.

About Exchange Income

Exchange Income Corporation, together with its subsidiaries, engages in aerospace and aviation services and equipment, and manufacturing businesses worldwide. The company Aerospace & Aviation, and Manufacturing segments. The Aerospace & Aviation segment offers fixed wing and rotary wing, medevac, passenger, charter, freight, and auxiliary services; and operates two flight schools and trains pilots.