Exchange Income (OTCMKTS:EIFZF) Shares Up 2.4% – Here’s What Happened

Exchange Income Co. (OTCMKTS:EIFZF)’s share price shot up 2.4% during trading on Monday . The company traded as high as $73.38 and last traded at $73.38. 171 shares changed hands during mid-day trading, a decline of 99% from the average session volume of 11,775 shares. The stock had previously closed at $71.69.

Analyst Ratings Changes

Separately, Scotiabank restated an “outperform” rating on shares of Exchange Income in a research note on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating and four have given a Buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Buy”.

Exchange Income Price Performance

The firm has a 50-day moving average of $71.28 and a 200 day moving average of $60.91.

About Exchange Income

Exchange Income Corporation (OTCMKTS:EIFZF) is a Winnipeg, Manitoba–based diversified acquisition company specializing in aerospace & aviation services and manufacturing. Through its subsidiaries, Exchange Income offers commercial and charter flight operations, medevac and search-and-rescue support, parts distribution, and maintenance, repair and overhaul (MRO) services for fixed- and rotary-wing aircraft. The company’s manufacturing operations produce precision-machined components, electromechanical products and specialized equipment tailored to utilities, mining and other industrial sectors.

Since its inception in 2005, Exchange Income has pursued a disciplined growth strategy built on targeted acquisitions and operational improvements.