Exco Technologies Limited (TSE:XTC) Senior Officer Paul Riganelli Sells 5,000 Shares of Stock

Exco Technologies Limited (TSE:XTC) Senior Officer Paul Riganelli sold 5,000 shares of Exco Technologies stock in a transaction dated Thursday, May 23rd. The shares were sold at an average price of C$7.96, for a total transaction of C$39,800.00.

Paul Riganelli also recently made the following trade(s):

• On Wednesday, May 15th, Paul Riganelli sold 5,000 shares of Exco Technologies stock. The stock was sold at an average price of C$7.90, for a total transaction of C$39,500.00.
• On Friday, May 10th, Paul Riganelli sold 5,000 shares of Exco Technologies stock. The shares were sold at an average price of C$7.80, for a total value of C$39,000.00.

Exco Technologies Stock Up 0.3 %

TSE:XTC traded up C$0.02 during trading hours on Friday, hitting C$7.99. 28,704 shares of the company traded hands, compared to its average volume of 20,493. The company has a quick ratio of 1.30, a current ratio of 2.77 and a debt-to-equity ratio of 30.90. The company has a market cap of C$309.69 million, a PE ratio of 10.65 and a beta of 1.19. The firm’s 50-day simple moving average is C$7.43 and its 200-day simple moving average is C$7.48. Exco Technologies Limited has a one year low of C$7.00 and a one year high of C$8.98.

Exco Technologies (TSE:XTC) last announced its earnings results on Wednesday, May 1st. The company reported C$0.21 EPS for the quarter, beating the consensus estimate of C$0.17 by C$0.04. Exco Technologies had a net margin of 4.52% and a return on equity of 7.82%. The company had revenue of C$163.83 million during the quarter, compared to the consensus estimate of C$165.30 million. Equities analysts predict that Exco Technologies Limited will post 0.7806122 earnings per share for the current year.

Exco Technologies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Thursday, March 28th were given a dividend of $0.105 per share. The ex-dividend date was Wednesday, March 13th. This represents a $0.42 annualized dividend and a dividend yield of 5.26%. Exco Technologies’s dividend payout ratio is currently 56.00%.

Wall Street Analysts Forecast Growth

Separately, Cormark raised their target price on Exco Technologies from C$12.75 to C$13.00 in a report on Friday, February 2nd.

About Exco Technologies

Exco Technologies Limited, together with its subsidiaries, designs, develops, manufactures, and sells dies, molds, components and assemblies, and consumable equipment for the die-cast, extrusion, and automotive industries. It operates through two segments, Casting and Extrusion, and Automotive Solutions.