Exco Technologies (TSE:XTC) Shares Cross Above Two Hundred Day Moving Average – Time to Sell?

Exco Technologies Limited (TSE:XTC) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$6.70 and traded as high as C$7.03. Exco Technologies shares last traded at C$7.03, with a volume of 17,247 shares.

Wall Street Analysts Forecast Growth

Separately, Cormark raised Exco Technologies from a “hold” rating to a “moderate buy” rating in a report on Friday, May 2nd.

Exco Technologies Stock Performance

The company has a market cap of C$272.29 million, a PE ratio of 9.66 and a beta of 1.15. The stock has a 50 day simple moving average of C$6.24 and a two-hundred day simple moving average of C$6.70. The company has a debt-to-equity ratio of 26.17, a current ratio of 2.83 and a quick ratio of 1.30.

Exco Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 30th will be given a $0.105 dividend. The ex-dividend date of this dividend is Monday, June 16th. This represents a $0.42 annualized dividend and a yield of 5.97%. Exco Technologies’s dividend payout ratio (DPR) is 57.69%.

About Exco Technologies

Exco Technologies Limited, together with its subsidiaries, designs, develops, manufactures, and sells dies, molds, components and assemblies, and consumable equipment for the die-cast, extrusion, and automotive industries. It operates through two segments, Casting and Extrusion, and Automotive Solutions.