Almacenes Éxito (NYSE:EXTO) Shares Gap Down – Here’s Why

Posted by Gary Stephens on Nov 13th, 2024

Shares of Almacenes Éxito S.A. (NYSE:EXTO – Get Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $3.95, but opened at $3.78. Almacenes Éxito shares last traded at $3.78, with a volume of 1,866 shares.

Almacenes Éxito Stock Performance

The company has a current ratio of 0.72, a quick ratio of 0.35 and a debt-to-equity ratio of 0.24. The company’s fifty day moving average price is $4.24 and its 200-day moving average price is $4.34.

Almacenes Éxito (NYSE:EXTO – Get Free Report) last issued its quarterly earnings results on Tuesday, August 13th. The company reported ($0.03) earnings per share (EPS) for the quarter. The business had revenue of $1.29 billion for the quarter.

Almacenes Éxito Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 16th. Shareholders of record on Monday, October 7th were given a dividend of $0.037 per share. The ex-dividend date was Monday, October 7th. This represents a $0.15 dividend on an annualized basis and a yield of 3.68%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of EXTO. Caprock Group LLC purchased a new stake in Almacenes Éxito in the second quarter valued at approximately $259,000. O Shaughnessy Asset Management LLC acquired a new stake in Almacenes Éxito during the 1st quarter valued at approximately $205,000. HBK Sorce Advisory LLC purchased a new stake in shares of Almacenes Éxito in the 2nd quarter valued at $77,000. Kathmere Capital Management LLC acquired a new stake in shares of Almacenes Éxito in the second quarter worth $71,000. Finally, Sanders Morris Harris LLC purchased a new position in shares of Almacenes Éxito during the 2nd quarter valued at approximately $42,000.

Almacenes Éxito Company Profile

(Get Free Report)

Almacenes Éxito SA operates as a retail commerce company in South America. The company operates a chain of retail stores primarily under the Éxito, Carulla, Surtimax, Super Inter, Surti Mayorista, Libertad, Mini Libertad, Devoto, Disco, and Géant brands. It is also involved in the online commerce activities.