Currency Exchange International (TSE:CXI) Releases Earnings Results

Currency Exchange International (TSE:CXI) announced its earnings results on Wednesday. The company reported C$0.34 earnings per share for the quarter, FiscalAI reports. Currency Exchange International had a net margin of 13.42% and a return on equity of 12.54%. The business had revenue of C$21.01 million during the quarter.

Currency Exchange International Trading Down 1.5%

Shares of CXI opened at C$26.75 on Friday. The company’s fifty day simple moving average is C$25.92 and its 200-day simple moving average is C$24.11. Currency Exchange International has a twelve month low of C$19.55 and a twelve month high of C$29.00. The company has a current ratio of 3.57, a quick ratio of 1.62 and a debt-to-equity ratio of 12.28. The company has a market cap of C$164.08 million, a P/E ratio of 15.83 and a beta of 0.64.

Analyst Ratings Changes

Separately, Acumen Capital raised their target price on Currency Exchange International from C$30.00 to C$32.00 and gave the company a “buy” rating in a research report on Friday, January 23rd. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Currency Exchange International has a consensus rating of “Buy” and an average price target of C$32.00.

About Currency Exchange International

Currency Exchange International Corp operates as a money service business and provides currency exchange, wire transfer, and cheque cashing services at its locations in the United States and Canada. The company earns maximum revenue from the United States of America. The company earns revenue in the form of Commission and Fee income.