Almacenes Éxito (NYSE:EXTO) Shares Gap Up – Here’s What Happened

Almacenes Éxito S.A. (NYSE:EXTO) shares gapped up before the market opened on Friday . The stock had previously closed at $3.89, but opened at $4.01. Almacenes Éxito shares last traded at $4.01, with a volume of 111 shares changing hands.

Almacenes Éxito Price Performance

The company has a current ratio of 0.73, a quick ratio of 0.32 and a debt-to-equity ratio of 0.25. The business’s fifty day moving average is $4.09 and its 200 day moving average is $4.21. The company has a market cap of $658.65 million, a P/E ratio of 11.60 and a beta of -0.51.

Almacenes Éxito Increases Dividend

The firm also recently disclosed a — dividend, which will be paid on Tuesday, December 17th. Shareholders of record on Monday, December 9th will be issued a dividend of $0.0248 per share. The ex-dividend date of this dividend is Monday, December 9th. This is an increase from Almacenes Éxito’s previous — dividend of $0.01. This represents a yield of 1.2%. Almacenes Éxito’s dividend payout ratio is 28.57%.

Institutional Investors Weigh In On Almacenes Éxito

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

Almacenes Éxito Company Profile

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.