Exco Technologies (TSE:XTC) Reaches New 52-Week High – Should You Buy?

Exco Technologies Limited (TSE:XTCGet Free Report) reached a new 52-week high during mid-day trading on Friday . The company traded as high as C$8.71 and last traded at C$8.62, with a volume of 13537 shares changing hands. The stock had previously closed at C$8.65.

Exco Technologies Price Performance

The firm has a market cap of C$324.85 million, a price-to-earnings ratio of 13.50 and a beta of 1.09. The company’s fifty day moving average is C$8.00 and its 200 day moving average is C$7.71. The company has a quick ratio of 1.30, a current ratio of 2.82 and a debt-to-equity ratio of 23.36.

Exco Technologies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 30th were given a $0.105 dividend. The ex-dividend date of this dividend was Tuesday, June 16th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 4.9%. Exco Technologies’s payout ratio is currently 65.62%.

About Exco Technologies

(Get Free Report)

Exco Technologies Limited is a global supplier of innovative technologies servicing the die-cast, extrusion and automotive industries. Through our 20 strategic locations in 9 countries, we employ approximately 4,400 people and service a diverse and broad customer base.

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