Currency Exchange International (TSE:CXI) Stock Price Expected to Rise, Acumen Capital Analyst Says

Currency Exchange International (TSE:CXI) had its price target lifted by equities researchers at Acumen Capital from C$28.00 to C$30.00 in a research note issued to investors on Friday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock. Acumen Capital’s price target indicates a potential upside of 33.33% from the stock’s current price.

Currency Exchange International Price Performance

Shares of TSE:CXI opened at C$22.50 on Friday. The company has a quick ratio of 1.62, a current ratio of 2.65 and a debt-to-equity ratio of 14.28. Currency Exchange International has a fifty-two week low of C$19.55 and a fifty-two week high of C$26.75. The firm has a 50-day simple moving average of C$20.73 and a 200 day simple moving average of C$20.56. The company has a market cap of C$141.86 million, a PE ratio of 36.89 and a beta of 0.22.

Currency Exchange International Company Profile

Currency Exchange International Corp operates as a money service business and provides currency exchange, wire transfer, and cheque cashing services at its locations in the United States and Canada. The company earns maximum revenue from the United States of America. The company earns revenue in the form of Commission and Fee income.