Almacenes Éxito (NYSE:EXTO) Shares Gap Up – Here’s What Happened

Almacenes Éxito S.A. (NYSE:EXTO)’s share price gapped up before the market opened on Friday . The stock had previously closed at $3.80, but opened at $3.98. Almacenes Éxito shares last traded at $3.88, with a volume of 12,388 shares.

Almacenes Éxito Price Performance

The company’s 50-day simple moving average is $4.18 and its 200 day simple moving average is $4.29. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.73 and a quick ratio of 0.32.

Almacenes Éxito Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 16th. Investors of record on Monday, October 7th were paid a dividend of $0.037 per share. The ex-dividend date was Monday, October 7th. This represents a $0.15 annualized dividend and a yield of 3.87%.

Institutional Investors Weigh In On Almacenes Éxito

Hedge funds have recently bought and sold shares of the stock. Sanders Morris Harris LLC purchased a new stake in shares of Almacenes Éxito during the second quarter worth approximately $42,000. Kathmere Capital Management LLC acquired a new stake in shares of Almacenes Éxito in the 2nd quarter valued at $71,000. HBK Sorce Advisory LLC purchased a new stake in shares of Almacenes Éxito during the 2nd quarter worth $77,000. O Shaughnessy Asset Management LLC acquired a new position in shares of Almacenes Éxito during the first quarter worth $205,000. Finally, Caprock Group LLC purchased a new position in Almacenes Éxito in the second quarter valued at $259,000.

Almacenes Éxito Company Profile

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.