Almacenes Éxito (NYSE:EXTO) Trading 7.1% Higher – Here’s What Happened

Almacenes Éxito S.A. (NYSE:EXTOGet Free Report)’s share price was up 7.1% during trading on Thursday . The company traded as high as $3.64 and last traded at $3.64. Approximately 17,713 shares changed hands during trading, a decline of 84% from the average daily volume of 108,134 shares. The stock had previously closed at $3.40.

Almacenes Éxito Price Performance

The stock has a market capitalization of $587.28 million, a price-to-earnings ratio of 10.34 and a beta of -0.50. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.32 and a current ratio of 0.73. The company has a fifty day simple moving average of $3.88 and a two-hundred day simple moving average of $4.14.

Almacenes Éxito Increases Dividend

The company also recently declared a — dividend, which was paid on Tuesday, December 17th. Investors of record on Monday, December 9th were given a dividend of $0.0248 per share. This is a positive change from Almacenes Éxito’s previous — dividend of $0.01. The ex-dividend date was Monday, December 9th. This represents a dividend yield of 1.2%. Almacenes Éxito’s dividend payout ratio (DPR) is currently 31.43%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of EXTO. Caprock Group LLC bought a new position in Almacenes Éxito in the 2nd quarter valued at approximately $259,000. HBK Sorce Advisory LLC bought a new stake in shares of Almacenes Éxito during the second quarter worth about $77,000. Finally, Kathmere Capital Management LLC bought a new position in Almacenes Éxito in the 2nd quarter valued at approximately $71,000.

About Almacenes Éxito

(Get Free Report)

Almacenes Éxito SA operates as a retail commerce company in South America. The company operates a chain of retail stores primarily under the Éxito, Carulla, Surtimax, Super Inter, Surti Mayorista, Libertad, Mini Libertad, Devoto, Disco, and Géant brands. It is also involved in the online commerce activities.

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