EXCO Resources Inc. Hits New 52-Week Low at $5.33 (XCO)
EXCO Resources (NYSE:XCO)’s share price reached a new 52-week low during trading hours on Thursday, Stock Ratings News reports. The company traded as low as $5.33 and last traded at $5.40, with a volume of 13,356,498 shares traded. The stock had previously closed at $5.77.
Separately, analysts at Jefferies Group cut their price target on shares of EXCO Resources from $4.00 to $3.00 in a research note to investors on Friday, October 18th. They now have a “hold” rating on the stock. Seven research analysts have rated the stock with a hold rating, The company currently has an average rating of “Hold” and a consensus price target of $7.00.
EXCO Resources has a one year low of $5.59 and a one year high of $9.08. The stock’s 50-day moving average is $6.83 and its 200-day moving average is $7.57. The company’s market cap is $1.162 billion.
EXCO Resources (NYSE:XCO) last released its earnings data on Wednesday, October 30th. The company reported $0.04 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.10 by $0.06. The company had revenue of $165.31 million for the quarter, compared to the consensus estimate of $188.92 million. During the same quarter last year, the company posted $0.13 earnings per share. EXCO Resources’s revenue was up 16.7% compared to the same quarter last year. On average, analysts predict that EXCO Resources will post $0.44 earnings per share for the current fiscal year.
EXCO Resources, Inc (NYSE:XCO) is an independent oil and natural gas company engaged in the exploration, exploitation, development and production of onshore the United States oil and natural gas properties with a focus on shale resource plays.
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