Exco Technologies (TSE:XTC) Shares Cross Above 200 Day Moving Average – Time to Sell?

Exco Technologies Limited (TSE:XTC)’s stock price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$6.71 and traded as high as C$6.88. Exco Technologies shares last traded at C$6.77, with a volume of 9,681 shares trading hands.

Exco Technologies Stock Performance

The firm has a market capitalization of C$257.02 million, a PE ratio of 10.75 and a beta of 0.72. The company has a quick ratio of 1.30, a current ratio of 2.83 and a debt-to-equity ratio of 26.17. The company has a 50-day moving average of C$6.72 and a 200 day moving average of C$6.71.

Exco Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Wednesday, December 31st were paid a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a yield of 6.2%. The ex-dividend date of this dividend was Wednesday, December 17th. Exco Technologies’s dividend payout ratio (DPR) is currently 66.67%.

Insider Transactions at Exco Technologies

In related news, insider Darren Michael Kirk bought 4,300 shares of the company’s stock in a transaction on Thursday, December 18th. The stock was acquired at an average cost of C$6.71 per share, for a total transaction of C$28,853.00. Following the completion of the transaction, 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. 51.81% of the stock is currently owned by insiders.

About Exco Technologies

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.