Exco Technologies (TSE:XTC) had its price target cut by Scotiabank from C$12.50 to C$10.00 in a research report released on Friday. They currently have a sector perform rating on the stock.

Separately, BMO Capital Markets cut their price objective on Exco Technologies from C$11.50 to C$10.00 in a research note on Friday.

Shares of Exco Technologies (TSE XTC) traded down C$0.26 during trading hours on Friday, hitting C$9.30. The company had a trading volume of 75,600 shares, compared to its average volume of 47,609. Exco Technologies has a 52 week low of C$8.80 and a 52 week high of C$12.79.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 28th. Investors of record on Wednesday, December 13th will be paid a dividend of $0.08 per share. The ex-dividend date of this dividend is Tuesday, December 12th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 3.44%. Exco Technologies’s dividend payout ratio (DPR) is presently 28.04%.

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Exco Technologies Company Profile

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 in two segments, Casting and Extrusion; and Automotive Solutions. The Casting and Extrusion segment designs, develops, manufactures, and sells die-castings and extrusion tooling products, and consumable parts for aluminum die-casting and aluminum extrusion machines.

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