Exco Technologies (TSE:XTC) Releases Quarterly Earnings Results

Exco Technologies (TSE:XTC) issued its earnings results on Wednesday. The company reported C$0.15 earnings per share (EPS) for the quarter, FiscalAI reports. Exco Technologies had a return on equity of 6.20% and a net margin of 4.00%.The firm had revenue of C$157.56 million for the quarter.

Exco Technologies Trading Up 0.4%

Shares of XTC opened at C$7.38 on Friday. The company’s fifty day moving average is C$7.50 and its 200 day moving average is C$7.06. Exco Technologies has a fifty-two week low of C$5.72 and a fifty-two week high of C$7.94. The stock has a market capitalization of C$279.64 million, a PE ratio of 11.35 and a beta of 0.82. The company has a debt-to-equity ratio of 26.27, a quick ratio of 1.30 and a current ratio of 3.00.

Exco Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 31st were given a $0.105 dividend. This represents a $0.42 annualized dividend and a yield of 5.7%. The ex-dividend date was Tuesday, March 17th. Exco Technologies’s payout ratio is currently 64.62%.

Exco Technologies Company Profile

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.