Exco Technologies (TSE:XTC) Shares Cross Above 200-Day Moving Average – Here’s Why

Exco Technologies Limited (TSE:XTC) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$7.48 and traded as high as C$8.06. Exco Technologies shares last traded at C$7.99, with a volume of 43,448 shares.

Exco Technologies Price Performance

The stock has a 50-day moving average price of C$7.69 and a two-hundred day moving average price of C$7.48. The company has a current ratio of 2.70, a quick ratio of 1.30 and a debt-to-equity ratio of 24.28. The stock has a market cap of C$300.41 million, a price-to-earnings ratio of 12.68 and a beta of 1.10.

Exco Technologies (TSE:XTC) last issued its quarterly earnings results on Wednesday, April 29th. The company reported C$0.15 earnings per share for the quarter. Exco Technologies had a return on equity of 6.02% and a net margin of 3.96%.The business had revenue of C$157.56 million during the quarter. As a group, equities research analysts forecast that Exco Technologies Limited will post 1.1393324 EPS for the current year.

Exco Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 30th were paid a $0.105 dividend. This represents a $0.42 annualized dividend and a dividend yield of 5.3%. The ex-dividend date was Tuesday, June 16th. Exco Technologies’s dividend payout ratio (DPR) is presently 66.67%.

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.