Exco Technologies Limited (TSE:XTC) Senior Officer Paul Riganelli Sells 1,500 Shares of Stock

Exco Technologies Limited (TSE:XTC) Senior Officer Paul Riganelli sold 1,500 shares of the firm’s stock in a transaction that occurred on Wednesday, August 28th. The stock was sold at an average price of C$8.08, for a total transaction of C$12,120.00.

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

• On Monday, August 26th, Paul Riganelli sold 100 shares of Exco Technologies stock. The stock was sold at an average price of C$8.12, for a total transaction of C$812.00.
• On Wednesday, August 21st, Paul Riganelli sold 300 shares of Exco Technologies stock. The stock was sold at an average price of C$7.83, for a total value of C$2,349.00.
• On Friday, August 16th, Paul Riganelli sold 875 shares of Exco Technologies stock. The shares were sold at an average price of C$7.72, for a total value of C$6,755.00.

Exco Technologies Stock Performance

Shares of TSE:XTC remained flat at C$8.19 during midday trading on Friday. 9,778 shares of the stock traded hands, compared to its average volume of 17,654. The stock has a market cap of C$316.38 million, a P/E ratio of 10.24 and a beta of 1.17. Exco Technologies Limited has a 1-year low of C$7.00 and a 1-year high of C$8.27. The company’s 50-day moving average price is C$7.80 and its 200 day moving average price is C$7.60. The company has a quick ratio of 1.30, a current ratio of 2.80 and a debt-to-equity ratio of 30.07.

Exco Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 27th. Stockholders of record on Friday, September 13th will be paid a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a dividend yield of 5.13%. The ex-dividend date is Friday, September 13th. Exco Technologies’s dividend payout ratio (DPR) is 52.50%.

Wall Street Analyst Weigh In

Separately, Acumen Capital set a C$11.00 target price on Exco Technologies and gave the company a “buy” rating in a report on Thursday, June 27th.

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.