Exco Technologies (TSE:XTC) Stock Price Passes Above 200 Day Moving Average – What’s Next?

Exco Technologies Limited (TSE:XTC)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$6.72 and traded as high as C$7.15. Exco Technologies shares last traded at C$6.96, with a volume of 19,093 shares traded.

Exco Technologies Stock Performance

The firm has a market capitalization of C$264.23 million, a P/E ratio of 11.05 and a beta of 0.72. The company has a current ratio of 2.83, a quick ratio of 1.30 and a debt-to-equity ratio of 26.17. The business’s 50 day simple moving average is C$6.78 and its two-hundred day simple moving average is C$6.72.

Exco Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 31st were paid a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a yield of 6.0%. The ex-dividend date was Wednesday, December 17th. Exco Technologies’s dividend payout ratio (DPR) is currently 66.67%.

Insider Activity at Exco Technologies

In other Exco Technologies news, insider Darren Michael Kirk purchased 4,300 shares of the stock in a transaction dated Thursday, December 18th. The shares were purchased at an average cost of C$6.71 per share, with a total value of C$28,853.00. Following the completion of the acquisition, the insider directly owned 9,300 shares in the company, valued at C$62,403. This trade represents a 86.00% increase in their position. Insiders own 51.81% of the company’s stock.

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.