Exco Technologies (TSE:XTC) Hits New 12-Month High – Here’s Why

Exco Technologies Limited (TSE:XTC)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$8.14 and last traded at C$8.11, with a volume of 17605 shares traded. The stock had previously closed at C$7.79.

Exco Technologies Trading Up 3.3%

The company has a market capitalization of C$302.66 million, a P/E ratio of 12.78 and a beta of 1.11. The business has a 50 day moving average price of C$7.54 and a 200 day moving average price of C$7.29. The company has a current ratio of 2.70, a quick ratio of 1.30 and a debt-to-equity ratio of 24.28.

Exco Technologies (TSE:XTC) last issued its quarterly earnings data on Wednesday, April 29th. The company reported C$0.15 earnings per share (EPS) for the quarter. The firm had revenue of C$157.56 million during the quarter. Exco Technologies had a net margin of 3.96% and a return on equity of 6.02%. Analysts anticipate that Exco Technologies Limited will post 1.1393324 EPS for the current year.

Exco Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 30th will be paid a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a yield of 5.2%. The ex-dividend date of this dividend is Tuesday, June 16th. Exco Technologies’s payout ratio is presently 66.67%.

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.