Exco Technologies (TSE:XTC) Sets New 52-Week High – Here’s What Happened

Shares of Exco Technologies Limited (TSE:XTC) hit a new 52-week high during trading on Monday . The company traded as high as C$8.17 and last traded at C$8.15, with a volume of 23522 shares trading hands. The stock had previously closed at C$7.99.

Exco Technologies Stock Performance

The company has a debt-to-equity ratio of 24.28, a quick ratio of 1.30 and a current ratio of 2.70. The stock’s fifty day moving average price is C$7.69 and its 200-day moving average price is C$7.49. The company has a market capitalization of C$305.30 million, a P/E ratio of 12.89 and a beta of 1.10.

Exco Technologies (TSE:XTC) last released its quarterly earnings data on Wednesday, April 29th. The company reported C$0.15 earnings per share (EPS) for the quarter. The company 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, research analysts anticipate that Exco Technologies Limited will post 1.1393324 EPS for the current fiscal year.

Exco Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 30th were issued a dividend of $0.105 per share. The ex-dividend date of this dividend was Tuesday, June 16th. This represents a $0.42 annualized dividend and a dividend yield of 5.2%. 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.