Exco Technologies (TSE:XTC) Reaches New 12-Month Low – What’s Next?

Exco Technologies Limited (TSE:XTC) shares reached a new 52-week low during mid-day trading on Monday . The stock traded as low as C$6.60 and last traded at C$6.79, with a volume of 30759 shares trading hands. The stock had previously closed at C$7.05.

Exco Technologies Stock Down 4.3 %

The company’s 50 day simple moving average is C$7.68 and its 200-day simple moving average is C$7.97. The firm has a market cap of C$260.75 million, a P/E ratio of 8.44 and a beta of 1.15. The company has a current ratio of 2.80, a quick ratio of 1.30 and a debt-to-equity ratio of 30.07.

Exco Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Tuesday, December 31st were issued a $0.105 dividend. This represents a $0.42 annualized dividend and a yield of 6.22%. The ex-dividend date was Tuesday, December 17th. Exco Technologies’s dividend payout ratio is currently 52.50%.

Insider Buying and Selling at Exco Technologies

In other news, Senior Officer William Peter Schroers sold 12,000 shares of the stock in a transaction that occurred on Tuesday, December 31st. The shares were sold at an average price of C$7.51, for a total value of C$90,120.00. Company insiders own 51.81% of the company’s stock.

About Exco Technologies

Exco Technologies Limited, together with its subsidiaries, designs, develops, manufactures, and sells dies, molds, components and assemblies, and consumable equipment for the die-cast, extrusion, and automotive industries. It operates through two segments, Casting and Extrusion, and Automotive Solutions.