Exco Technologies (TSE:XTC) Stock Passes Above Two Hundred Day Moving Average – Time to Sell?

Shares of Exco Technologies Limited (TSE:XTC) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$6.90 and traded as high as C$7.74. Exco Technologies shares last traded at C$7.54, with a volume of 13,347 shares trading hands.

Exco Technologies Trading Down 2.0%

The company has a debt-to-equity ratio of 26.27, a current ratio of 3.00 and a quick ratio of 1.30. The business has a fifty day moving average of C$7.26 and a 200-day moving average of C$6.90. The stock has a market capitalization of C$285.70 million, a price-to-earnings ratio of 11.60 and a beta of 0.93.

Exco Technologies (TSE:XTC) last issued its quarterly earnings results on Wednesday, January 28th. The company reported C$0.13 earnings per share for the quarter. Exco Technologies had a net margin of 4.00% and a return on equity of 6.20%. The company had revenue of C$149.52 million during the quarter. On average, equities analysts anticipate that Exco Technologies Limited will post 1.1393324 earnings per share for the current fiscal year.

Exco Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Wednesday, December 31st were issued a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a yield of 5.6%. The ex-dividend date was Wednesday, December 17th. Exco Technologies’s dividend payout ratio (DPR) is presently 64.62%.

Insider Transactions at Exco Technologies

In related news, insider Darren Michael Kirk purchased 32,000 shares of the company’s stock in a transaction on Wednesday, December 17th. The shares were bought at an average price of C$6.70 per share, with a total value of C$214,400.00. Following the completion of the acquisition, the insider owned 70,354 shares of the company’s stock, valued at approximately C$471,371.80. This represents a 83.43% increase in their ownership of the stock. Company 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.