Almacenes Éxito (NYSE:EXTO) Hits New 52-Week Low – Here’s What Happened

Almacenes Éxito S.A. (NYSE:EXTO) hit a new 52-week low on Thursday . The stock traded as low as $3.56 and last traded at $3.57, with a volume of 30019 shares trading hands. The stock had previously closed at $3.74.

Almacenes Éxito Price Performance

The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.32 and a current ratio of 0.73. The business has a 50 day simple moving average of $3.95 and a 200-day simple moving average of $4.17. The firm has a market cap of $579.17 million, a price-to-earnings ratio of 10.20 and a beta of -0.51.

Almacenes Éxito Increases Dividend

The business also recently announced a — dividend, which was paid on Tuesday, December 17th. Investors of record on Monday, December 9th were given a dividend of $0.0248 per share. This is a boost from Almacenes Éxito’s previous — dividend of $0.01. The ex-dividend date of this dividend was Monday, December 9th. This represents a dividend yield of 1.2%. Almacenes Éxito’s payout ratio is presently 31.43%.

Institutional Investors Weigh In On Almacenes Éxito

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Kathmere Capital Management LLC purchased a new position in Almacenes Éxito during the 2nd quarter worth $71,000. HBK Sorce Advisory LLC bought a new position in shares of Almacenes Éxito during the second quarter valued at about $77,000. Finally, Caprock Group LLC purchased a new position in Almacenes Éxito during the second quarter worth about $259,000.

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.