Exco Technologies (TSE:XTC) Stock Price Passes Above Two Hundred Day Moving Average – What’s Next?

Exco Technologies Limited (TSE:XTC) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$7.92 and traded as high as C$8.49. Exco Technologies shares last traded at C$8.47, with a volume of 6,569 shares.

Exco Technologies Trading Up 0.2 %

The company has a market cap of C$327.20 million, a price-to-earnings ratio of 10.59 and a beta of 1.15. The firm has a 50-day moving average price of C$8.22 and a 200 day moving average price of C$7.92. 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 Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, September 27th were given a $0.105 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a $0.42 annualized dividend and a dividend yield of 4.96%. Exco Technologies’s payout ratio is 52.50%.

Insider Transactions at Exco Technologies

In other news, Senior Officer Paul Riganelli sold 3,200 shares of Exco Technologies stock in a transaction that occurred on Friday, September 6th. The stock was sold at an average price of C$8.00, for a total value of C$25,600.00. In the last quarter, insiders sold 6,975 shares of company stock worth $55,888. 51.81% of the stock is currently owned by corporate insiders.

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.