Separately, Scotiabank cut their price objective on shares of Exco Technologies Limited from C$16.00 to C$15.50 and set a sector perform rating for the company in a report on Monday, August 1st.
Shares of Exco Technologies Limited (TSE:XTC) opened at 12.10 on Wednesday. The company has a 50-day moving average of $12.13 and a 200-day moving average of $13.08. Exco Technologies Limited has a 52-week low of $11.55 and a 52-week high of $17.48. The stock has a market capitalization of $515.04 million and a price-to-earnings ratio of 10.90.
About Exco Technologies Limited
Exco Technologies Limited is a designer, developer and manufacturer of dies, molds, components and assemblies, and consumable equipment for the die-cast, extrusion and automotive industries. The Company operates in two segments: Casting and Extrusion Segment, and Automotive Solutions Segment. The Casting and Extrusion Segment designs, develops and manufactures die-casting and extrusion tooling and consumable parts for both aluminum die-casting and aluminum extrusion machines.
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