Exchange Income (OTCMKTS:EIFZF) Stock Price Up 0.6% – Here’s Why

Exchange Income Co. (OTCMKTS:EIFZF) traded up 0.6% during trading on Wednesday . The company traded as high as $72.7158 and last traded at $72.7158. 9,047 shares changed hands during trading, a decline of 40% from the average session volume of 15,096 shares. The stock had previously closed at $72.27.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. Raymond James Financial reissued a “strong-buy” rating on shares of Exchange Income in a research report on Wednesday, October 1st. Scotiabank reiterated an “outperform” rating on shares of Exchange Income in a research note on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating and four have issued a Buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy”.

Exchange Income Price Performance

The company’s fifty day moving average price is $61.43 and its 200 day moving average price is $55.34.

Exchange Income Company Profile

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.