Exco Technologies (TSE:XTC) Stock Crosses Below Two Hundred Day Moving Average – Time to Sell?

Exco Technologies Limited (TSE:XTC) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$6.73 and traded as low as C$6.53. Exco Technologies shares last traded at C$6.79, with a volume of 5,610 shares.

Exco Technologies Stock Up 0.4%

The stock has a 50-day moving average of C$6.64 and a 200 day moving average of C$6.73. The company has a market capitalization of C$257.78 million, a PE ratio of 10.78 and a beta of 0.73. The company has a quick ratio of 1.30, a current ratio of 2.83 and a debt-to-equity ratio of 26.17.

Exco Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Wednesday, December 31st will be paid a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a dividend yield of 6.2%. The ex-dividend date is Wednesday, December 17th. Exco Technologies’s payout ratio is presently 66.67%.

Insider Buying and Selling at Exco Technologies

In related news, insider Darren Michael Kirk purchased 32,000 shares of Exco Technologies stock in a transaction that occurred on Wednesday, December 17th. The stock was bought at an average price of C$6.70 per share, for a total transaction of C$214,400.00. Following the completion of the transaction, the insider owned 70,354 shares in the company, valued at C$471,371.80. This represents a 83.43% increase in their ownership of the stock. Company insiders own 51.81% of the company’s stock.

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.