Currency Exchange International (TSE:CXI) Stock Price Crosses Below Fifty Day Moving Average – Here’s Why

Currency Exchange International, Corp. (TSE:CXI) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$25.57 and traded as low as C$25.45. Currency Exchange International shares last traded at C$25.45, with a volume of 1,000 shares trading hands.

Analyst Ratings Changes

Separately, Acumen Capital raised their target price on shares of Currency Exchange International from C$30.00 to C$32.00 and gave the company a “buy” rating in a research note on Friday, January 23rd. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of C$32.00.

Currency Exchange International Stock Up 0.7%

The firm’s 50 day moving average is C$25.57 and its two-hundred day moving average is C$24.57. The firm has a market cap of C$152.29 million, a P/E ratio of 13.98 and a beta of 0.76. The company has a current ratio of 62.52, a quick ratio of 1.62 and a debt-to-equity ratio of 7.33.

Currency Exchange International (TSE:CXI) last released its quarterly earnings data on Wednesday, March 11th. The company reported C$0.44 earnings per share for the quarter. Currency Exchange International had a net margin of 15.22% and a return on equity of 13.26%. The business had revenue of C$21.01 million for the quarter. As a group, research analysts anticipate that Currency Exchange International, Corp. will post 2.9278107 EPS for the current fiscal year.

Currency Exchange International Company Profile

Currency Exchange International Corp operates as a money service business and provides currency exchange, wire transfer, and cheque cashing services at its locations in the United States and Canada. The company earns maximum revenue from the United States of America. The company earns revenue in the form of Commission and Fee income.