Exco Technologies (TSE:XTC) Shares Cross Above 50 Day Moving Average – Should You Sell?

Shares of Exco Technologies Limited (TSE:XTC) passed above its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of C$8.17 and traded as high as C$8.22. Exco Technologies shares last traded at C$8.19, with a volume of 3,337 shares trading hands.

Exco Technologies Stock Down 0.7%

The company has a quick ratio of 1.30, a current ratio of 2.82 and a debt-to-equity ratio of 23.36. The firm has a market cap of C$304.77 million, a PE ratio of 12.70 and a beta of 0.92. The business has a 50-day moving average price of C$8.17 and a two-hundred day moving average price of C$7.80.

Exco Technologies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 29th. Investors of record on Tuesday, September 29th were paid a $0.1050 dividend. The ex-dividend date was Tuesday, September 15th. This represents a $0.42 dividend on an annualized basis and a yield of 5.2%. Exco Technologies’s payout ratio is currently 65.62%.

About Exco Technologies

Exco Technologies Limited is a global supplier of innovative technologies servicing the die-cast, extrusion and automotive industries. Through our 20 strategic locations in 9 countries, we employ approximately 4,400 people and service a diverse and broad customer base.