Exco Technologies (TSE:XTC) Stock Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Exco Technologies Limited (TSE:XTC) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$7.48 and traded as high as C$8.06. Exco Technologies shares last traded at C$7.99, with a volume of 43,448 shares trading hands.

Exco Technologies Price Performance

The stock has a market cap of C$300.41 million, a price-to-earnings ratio of 12.68 and a beta of 1.10. The stock’s 50 day moving average price is C$7.69 and its two-hundred day moving average price is C$7.48. The company has a quick ratio of 1.30, a current ratio of 2.70 and a debt-to-equity ratio of 24.28.

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

Exco Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 30th were paid a dividend of $0.105 per share. The ex-dividend date was Tuesday, June 16th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 5.3%. Exco Technologies’s dividend payout ratio (DPR) is presently 66.67%.

About Exco Technologies

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.