Currency Exchange International (TSE:CXI) Sets New 1-Year High – Should You Buy?

Currency Exchange International, Corp. (TSE:CXI) reached a new 52-week high on Tuesday . The stock traded as high as C$29.46 and last traded at C$29.27, with a volume of 7100 shares trading hands. The stock had previously closed at C$28.30.

Currency Exchange International Stock Performance

The stock’s 50-day moving average is C$25.05 and its 200-day moving average is C$24.97. The stock has a market cap of C$175.15 million, a price-to-earnings ratio of 16.08 and a beta of 0.66. The company has a current ratio of 72.42, a quick ratio of 1.62 and a debt-to-equity ratio of 7.58.

Currency Exchange International (TSE:CXI) last announced its quarterly earnings results on Tuesday, June 9th. The company reported C$0.54 earnings per share for the quarter. Currency Exchange International had a net margin of 6.49% and a return on equity of 5.76%. The firm had revenue of C$24.43 million for the quarter. On average, analysts expect that Currency Exchange International, Corp. will post 2.9278107 EPS for the current year.

Insider Activity at Currency Exchange International

In related news, insider Christopher Jon Johnson sold 2,966 shares of Currency Exchange International stock in a transaction on Monday, June 15th. The shares were sold at an average price of C$25.73, for a total transaction of C$76,315.18. Following the transaction, the insider owned 3,000 shares in the company, valued at approximately C$77,190. The trade was a 49.72% decrease in their position. Corporate insiders own 25.60% of the company’s stock.

About Currency Exchange International

Currency Exchange International is in the business of providing comprehensive foreign exchange technology and processing services for banks, credit unions, businesses, and consumers in the United States and select clients globally. Primary products and services include the exchange of foreign currencies, wire transfer payments, Global EFTs, and foreign cheque clearing. Wholesale customers are served through its proprietary FX software applications delivered on its web-based interface, www.cxifx.com (‘CXIFX’), its related APIs with core banking platforms, and through personal relationship managers.