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

Almacenes Éxito S.A. (NYSE:EXTO)’s stock price gapped up before the market opened on Friday . The stock had previously closed at $3.89, but opened at $4.01. Almacenes Éxito shares last traded at $4.01, with a volume of 111 shares traded.

Almacenes Éxito Price Performance

The company has a debt-to-equity ratio of 0.25, a current ratio of 0.73 and a quick ratio of 0.32. The company has a 50-day moving average price of $4.09 and a two-hundred day moving average price of $4.22.

Almacenes Éxito Increases Dividend

The firm also recently disclosed a — dividend, which will be paid on Tuesday, December 17th. Stockholders of record on Monday, December 9th will be issued a dividend of $0.0248 per share. This is a boost from Almacenes Éxito’s previous — dividend of $0.01. This represents a dividend yield of 1.2%. The ex-dividend date is Monday, December 9th.

Institutional Investors Weigh In On Almacenes Éxito

A number of institutional investors and hedge funds have recently bought and sold shares of EXTO. Caprock Group LLC purchased a new stake in Almacenes Éxito during the second quarter worth about $259,000. HBK Sorce Advisory LLC purchased a new position in Almacenes Éxito in the second quarter valued at approximately $77,000. Finally, Kathmere Capital Management LLC bought a new position in Almacenes Éxito during the second quarter valued at $71,000.

About Almacenes Éxito

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.