Exco Technologies (TSE:XTC) Reaches New 52-Week High at $8.22

Exco Technologies Limited (TSE:XTC)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as C$8.22 and last traded at C$8.17, with a volume of 18767 shares. The stock had previously closed at C$8.22.

Wall Street Analyst Weigh In

Separately, Acumen Capital set a C$11.00 price target on Exco Technologies and gave the stock a “buy” rating in a report on Thursday, June 27th.

Exco Technologies Price Performance

The company has a current ratio of 2.80, a quick ratio of 1.30 and a debt-to-equity ratio of 30.07. The stock has a market cap of C$313.29 million, a PE ratio of 10.14 and a beta of 1.17. The company’s 50 day moving average is C$7.84 and its 200-day moving average is C$7.63.

Exco Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 27th. Stockholders of record on Friday, September 27th will be given a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a dividend yield of 5.18%. The ex-dividend date of this dividend is Friday, September 13th. Exco Technologies’s payout ratio is 52.50%.

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.