Almacenes Éxito (NYSE:EXTO) Shares Gap Up – Here’s Why

Almacenes Éxito S.A. (NYSE:EXTO)’s stock price gapped up before the market opened on Thursday . The stock had previously closed at $4.30, but opened at $4.49. Almacenes Éxito shares last traded at $4.29, with a volume of 1,247 shares traded.

Almacenes Éxito Trading Down 0.2 %

The company has a current ratio of 0.72, a quick ratio of 0.35 and a debt-to-equity ratio of 0.24. The firm’s 50-day moving average price is $4.30 and its two-hundred day moving average price is $4.45.

Almacenes Éxito (NYSE:EXTO) last posted its earnings results on Tuesday, August 13th. The company reported ($0.03) EPS for the quarter. The company had revenue of $1.29 billion during the quarter.

Almacenes Éxito Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 16th. Stockholders of record on Monday, October 7th were paid a $0.037 dividend. The ex-dividend date of this dividend was Monday, October 7th. This represents a $0.15 annualized dividend and a dividend yield of 3.42%.

Institutional Investors Weigh In On Almacenes Éxito

A number of hedge funds have recently made changes to their positions in the company. Sanders Morris Harris LLC acquired a new stake in shares of Almacenes Éxito during the second quarter worth approximately $42,000. Kathmere Capital Management LLC bought a new stake in Almacenes Éxito during the 2nd quarter worth approximately $71,000. HBK Sorce Advisory LLC acquired a new stake in Almacenes Éxito during the 2nd quarter valued at $77,000. O Shaughnessy Asset Management LLC bought a new position in Almacenes Éxito in the 1st quarter valued at $205,000. Finally, Caprock Group LLC acquired a new position in Almacenes Éxito in the second quarter worth $259,000.

About Almacenes Éxito

Almacenes Éxito SA operates as a retail commerce company in South America. The company operates a chain of retail stores primarily under the Éxito, Carulla, Surtimax, Super Inter, Surti Mayorista, Libertad, Mini Libertad, Devoto, Disco, and Géant brands. It is also involved in the online commerce activities.