Exco Technologies (TSE:XTC) Sets New 12-Month Low – Time to Sell?

Exco Technologies Limited (TSE:XTC)’s share price reached a new 52-week low during trading on Monday . The stock traded as low as C$6.60 and last traded at C$6.79, with a volume of 30759 shares. The stock had previously closed at C$7.05.

Analysts Set New Price Targets

Separately, Cormark downgraded Exco Technologies from a “moderate buy” rating to a “hold” rating in a report on Monday.

Exco Technologies Trading Up 0.9 %

The company has a debt-to-equity ratio of 30.07, a current ratio of 2.80 and a quick ratio of 1.30. The firm has a market capitalization of C$266.16 million, a price-to-earnings ratio of 8.61 and a beta of 1.15. The business’s 50 day moving average price is C$7.61 and its 200-day moving average price is C$7.95.

Exco Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Tuesday, December 31st were issued a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a yield of 6.10%. The ex-dividend date of this dividend was Tuesday, December 17th. Exco Technologies’s dividend payout ratio is presently 52.50%.

Insider Buying and Selling at Exco Technologies

In other Exco Technologies news, Senior Officer William Peter Schroers sold 12,000 shares of the stock in a transaction dated Tuesday, December 31st. The shares were sold at an average price of C$7.51, for a total value of C$90,120.00. 51.81% of the stock is owned by corporate insiders.

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.