Exco Technologies (TSE:XTC) Reaches New 52-Week High – What’s Next?

Exco Technologies Limited (TSE:XTC) reached a new 52-week high on Tuesday . The company traded as high as C$7.96 and last traded at C$7.67, with a volume of 12650 shares changing hands. The stock had previously closed at C$7.63.

Exco Technologies Stock Performance

The company has a debt-to-equity ratio of 24.28, a quick ratio of 1.30 and a current ratio of 2.70. The firm has a 50 day moving average price of C$7.49 and a two-hundred day moving average price of C$7.23. The company has a market capitalization of C$301.23 million, a P/E ratio of 12.62 and a beta of 0.90.

Exco Technologies (TSE:XTC) last posted its earnings results on Wednesday, April 29th. The company reported C$0.15 EPS for the quarter. Exco Technologies had a return on equity of 6.02% and a net margin of 3.96%.The business had revenue of C$157.56 million during the quarter. On average, research analysts expect that Exco Technologies Limited will post 1.1393324 earnings per share for the current fiscal year.

Exco Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 30th will be issued a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a dividend yield of 5.3%. The ex-dividend date is Tuesday, June 16th. Exco Technologies’s dividend payout ratio is presently 66.67%.

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.