Insider Buying: Exco Technologies (TSE:XTC) Insider Buys 4,300 Shares of Stock

Exco Technologies Limited (TSE:XTC) insider Darren Michael Kirk acquired 4,300 shares of the business’s stock in a transaction on Thursday, December 18th. The shares were purchased at an average price of C$6.71 per share, for a total transaction of C$28,853.00. Following the transaction, the insider directly owned 9,300 shares of the company’s stock, valued at approximately C$62,403. The trade was a 86.00% increase in their ownership of the stock.

Darren Michael Kirk also recently made the following trade(s):

• On Wednesday, December 17th, Darren Michael Kirk purchased 32,000 shares of Exco Technologies stock. The shares were purchased at an average price of C$6.70 per share, for a total transaction of C$214,400.00.

Exco Technologies Trading Down 0.3%

Shares of TSE:XTC traded down C$0.02 during trading hours on Thursday, hitting C$6.71. 38,002 shares of the company’s stock traded hands, compared to its average volume of 21,470. Exco Technologies Limited has a 1 year low of C$5.26 and a 1 year high of C$7.75. The company has a debt-to-equity ratio of 26.17, a current ratio of 2.83 and a quick ratio of 1.30. The firm has a market capitalization of C$254.74 million, a P/E ratio of 10.65 and a beta of 0.73. The business has a fifty day moving average price of C$6.62 and a 200-day moving average price of C$6.73.

Exco Technologies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 31st will be paid a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a yield of 6.3%. The ex-dividend date is Wednesday, December 17th. Exco Technologies’s dividend payout ratio is currently 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.