Exco Technologies (TSE:XTC) Sets New 12-Month High – Still a Buy?

Exco Technologies Limited (TSE:XTC)’s share price reached a new 52-week high during trading on Thursday . The company traded as high as C$8.66 and last traded at C$8.68, with a volume of 10530 shares changing hands. The stock had previously closed at C$8.59.

Exco Technologies Stock Performance

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 business has a 50-day moving average of C$8.12 and a 200 day moving average of C$7.82. The company has a market cap of C$335.31 million, a PE ratio of 10.85 and a beta of 1.15.

Exco Technologies (TSE:XTC) last issued its earnings results on Wednesday, July 31st. The company reported C$0.21 earnings per share (EPS) for the quarter, hitting the consensus estimate of C$0.21. Exco Technologies had a net margin of 4.84% and a return on equity of 8.35%. The firm had revenue of C$161.81 million during the quarter, compared to analysts’ expectations of C$164.70 million. Equities research analysts anticipate that Exco Technologies Limited will post 1.1393324 EPS for the current fiscal year.

Exco Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, September 27th were issued a dividend of $0.105 per share. The ex-dividend date was Friday, September 13th. This represents a $0.42 annualized dividend and a dividend yield of 4.84%. Exco Technologies’s dividend payout ratio (DPR) is presently 52.50%.

Insider Buying and Selling

In other Exco Technologies news, Senior Officer Paul Riganelli sold 3,200 shares of Exco Technologies stock in a transaction on Friday, September 6th. The shares were sold at an average price of C$8.00, for a total value of C$25,600.00. Insiders sold a total of 6,975 shares of company stock valued at $55,888 over the last 90 days. Insiders own 51.81% of the company’s stock.

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.