Currency Exchange International (TSE:CXI) Hits New 52-Week High – Here’s What Happened

Currency Exchange International, Corp. (TSE:CXI) reached a new 52-week high during trading on Wednesday . The stock traded as high as C$30.25 and last traded at C$30.50, with a volume of 4756 shares changing hands. The stock had previously closed at C$30.00.

Currency Exchange International Trading Up 1.7%

The stock has a market cap of C$180.74 million, a price-to-earnings ratio of 38.12 and a beta of 0.52. The firm’s 50 day moving average is C$29.69 and its two-hundred day moving average is C$27.13. The company has a quick ratio of 1.62, a current ratio of 2.99 and a debt-to-equity ratio of 7.26.

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

Insider Activity

In related news, insider Christopher Jon Johnson sold 2,966 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of C$25.73, for a total value of C$76,315.18. Following the sale, the insider owned 3,000 shares of the company’s stock, valued at approximately C$77,190. This trade represents a 49.72% decrease in their position. Company 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.