Exco Technologies (TSE:XTC) Insider Darren Michael Kirk Acquires 32,000 Shares

Exco Technologies Limited (TSE:XTC) insider Darren Michael Kirk bought 32,000 shares of Exco Technologies stock in a transaction that occurred on Wednesday, December 17th. The stock was purchased at an average cost of C$6.70 per share, for a total transaction of C$214,400.00. Following the purchase, the insider owned 70,354 shares of the company’s stock, valued at C$471,371.80. The trade was a 83.43% increase in their ownership of the stock.

Darren Michael Kirk also recently made the following trade(s):

• On Thursday, December 18th, Darren Michael Kirk purchased 4,300 shares of Exco Technologies stock. The shares were purchased at an average cost of C$6.71 per share, with a total value of C$28,853.00.

Exco Technologies Price Performance

XTC opened at C$6.64 on Friday. The company has a current ratio of 2.83, a quick ratio of 1.30 and a debt-to-equity ratio of 26.17. The stock has a market capitalization of C$252.08 million, a P/E ratio of 10.54 and a beta of 0.73. The stock has a 50-day moving average price of C$6.62 and a 200-day moving average price of C$6.73. Exco Technologies Limited has a 12-month low of C$5.26 and a 12-month high of C$7.75.

Exco Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 31st will be given a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a yield of 6.3%. The ex-dividend date is Wednesday, December 17th. Exco Technologies’s dividend payout ratio (DPR) is presently 66.67%.

Exco Technologies Company Profile

Exco Technologies Ltd is a designer, developer, and manufacturer of dies, moulds, components and assemblies, and consumable equipment for the die-cast, extrusion, and automotive industries. The company reports in two business segments namely, Casting and Extrusion segment and Automotive Solutions segment.