Exchange Income Co. (TSE:EIF) Senior Officer Buys C$15,132.99 in Stock

Exchange Income Co. (TSE:EIF) Senior Officer Richard Wowryk purchased 300 shares of the firm’s stock in a transaction dated Tuesday, February 25th. The shares were acquired at an average cost of C$50.44 per share, with a total value of C$15,132.99.

Exchange Income Trading Down 0.6 %

Shares of Exchange Income stock opened at C$50.38 on Friday. The business has a fifty day simple moving average of C$55.16 and a two-hundred day simple moving average of C$53.55. Exchange Income Co. has a 1 year low of C$43.08 and a 1 year high of C$59.32. The company has a market capitalization of C$2.51 billion, a price-to-earnings ratio of 19.74, a P/E/G ratio of 1.42 and a beta of 2.04. The company has a debt-to-equity ratio of 173.72, a current ratio of 1.76 and a quick ratio of 1.13.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on EIF. Paradigm Capital set a C$69.00 price target on shares of Exchange Income and gave the stock a “buy” rating in a research note on Thursday, January 30th. Ventum Financial set a C$74.00 price target on shares of Exchange Income and gave the stock a “buy” rating in a research note on Tuesday, November 5th. National Bankshares increased their price objective on Exchange Income from C$61.00 to C$68.00 in a report on Monday, November 11th. Scotiabank cut their price objective on Exchange Income from C$65.00 to C$64.00 in a report on Friday. Finally, CIBC increased their price objective on Exchange Income from C$66.00 to C$69.00 in a report on Wednesday, December 4th. Six investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Exchange Income presently has an average rating of “Buy” and a consensus target price of C$69.00.

About Exchange Income

Exchange Income Corporation, together with its subsidiaries, engages in aerospace and aviation services and equipment, and manufacturing businesses worldwide. The company Aerospace & Aviation, and Manufacturing segments. The Aerospace & Aviation segment offers fixed wing and rotary wing, medevac, passenger, charter, freight, and auxiliary services; and operates two flight schools and trains pilots.