Exco Technologies (TSE:XTC) Sets New 12-Month High – Here’s What Happened

Exco Technologies Limited (TSE:XTC)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as C$8.60 and last traded at C$8.52, with a volume of 9883 shares traded. The stock had previously closed at C$8.46.

Exco Technologies Stock Performance

The company has a market capitalization of C$319.58 million, a P/E ratio of 13.28 and a beta of 1.09. The business has a 50 day moving average of C$7.84 and a 200 day moving average of C$7.59. 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 firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 30th were issued 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 dividend payout ratio (DPR) is 65.62%.

About Exco Technologies

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.