Exco Technologies (TSE:XTC) Hits New 12-Month High – Here’s Why

Exco Technologies Limited (TSE:XTC)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$7.96 and last traded at C$7.67, with a volume of 12650 shares changing hands. The stock had previously closed at C$7.63.

Exco Technologies Price Performance

The stock has a fifty day moving average price of C$7.48 and a 200-day moving average price of C$7.21. The firm has a market capitalization of C$290.62 million, a PE ratio of 12.17 and a beta of 0.90. The company has a debt-to-equity ratio of 24.28, a quick ratio of 1.30 and a current ratio of 2.70.

Exco Technologies (TSE:XTC) last announced its earnings results on Wednesday, April 29th. The company reported C$0.15 earnings per share for the quarter. Exco Technologies had a return on equity of 6.02% and a net margin of 3.96%.The firm had revenue of C$157.56 million for the quarter. Sell-side analysts forecast that Exco Technologies Limited will post 1.1393324 EPS for the current fiscal year.

Exco Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 31st were issued a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a yield of 5.5%. The ex-dividend date of this dividend was Tuesday, March 17th. Exco Technologies’s dividend payout ratio (DPR) is presently 66.67%.

Exco Technologies Company Profile

Exco Technologies Ltd is a designer, developer, and manufacturer of dies, moulds, components and assemblies, and consumable equipment for the die-cast, extrusion, and automotive industries. The company reports in two business segments namely, Casting and Extrusion segment and Automotive Solutions segment. It generates maximum revenue from the Automotive Solutions segment. The Automotive Solutions segment produces automotive interior components and assemblies primarily for seating, cargo storage, and restraint for sale to automotive manufacturers and Tier 1 suppliers.