Currency Exchange International (TSE:CXI) Given New C$32.00 Price Target at Acumen Capital

Currency Exchange International (TSE:CXI) had its price target raised by Acumen Capital from C$30.00 to C$32.00 in a research note released on Friday morning,BayStreet.CA reports. They currently have a buy rating on the stock.

Currency Exchange International Stock Up 3.5%

TSE:CXI opened at C$23.81 on Friday. The stock has a 50-day simple moving average of C$22.58 and a 200 day simple moving average of C$22.34. Currency Exchange International has a 52-week low of C$19.55 and a 52-week high of C$25.00. The company has a market cap of C$146.05 million, a PE ratio of 34.51 and a beta of 0.71. The company has a debt-to-equity ratio of 14.28, a quick ratio of 1.62 and a current ratio of 2.65.

Currency Exchange International (TSE:CXI) last released its quarterly earnings results on Wednesday, January 21st. The company reported C$1.03 earnings per share for the quarter. The firm had revenue of C$28.92 million during the quarter. Currency Exchange International had a return on equity of 3.06% and a net margin of 2.90%. On average, sell-side analysts expect that Currency Exchange International will post 2.9278107 EPS for the current fiscal year.

Currency Exchange International Company Profile

Currency Exchange International Corp operates as a money service business and provides currency exchange, wire transfer, and cheque cashing services at its locations in the United States and Canada. The company earns maximum revenue from the United States of America. The company earns revenue in the form of Commission and Fee income.