Exco Technologies (TSE:XTC) Hits New 52-Week High at $8.10

Exco Technologies Limited (TSE:XTC)’s share price reached a new 52-week high during trading on Monday . The company traded as high as C$8.10 and last traded at C$8.15, with a volume of 51960 shares. The stock had previously closed at C$7.94.

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 research note on Thursday, June 27th.

Exco Technologies Stock Performance

The company has a current ratio of 2.80, a quick ratio of 1.30 and a debt-to-equity ratio of 30.07. The stock has a market capitalization of C$311.74 million, a P/E ratio of 10.09 and a beta of 1.17. The business’s fifty day simple moving average is C$7.79 and its two-hundred day simple moving average is C$7.60.

Exco Technologies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 27th. Shareholders of record on Friday, September 13th will be issued a $0.105 dividend. The ex-dividend date is Friday, September 13th. This represents a $0.42 annualized dividend and a yield of 5.20%. Exco Technologies’s dividend payout ratio (DPR) is 52.50%.

Exco Technologies Company Profile

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.