Exco Technologies (TSE:XTC) Stock Price Passes Above 200-Day Moving Average – Should You Sell?

Exco Technologies Limited (TSE:XTC) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$7.27 and traded as high as C$7.89. Exco Technologies shares last traded at C$7.85, with a volume of 13,915 shares traded.

Exco Technologies Price Performance

The firm has a 50-day simple moving average of C$7.52 and a two-hundred day simple moving average of C$7.27. The company has a market capitalization of C$295.14 million, a price-to-earnings ratio of 12.46 and a beta of 1.11. The company has a current ratio of 2.70, a quick ratio of 1.30 and a debt-to-equity ratio of 24.28.

Exco Technologies (TSE:XTC) last announced its quarterly earnings results on Wednesday, April 29th. The company reported C$0.15 earnings per share for the quarter. The company had revenue of C$157.56 million for the quarter. Exco Technologies had a return on equity of 6.02% and a net margin of 3.96%. As a group, analysts predict that Exco Technologies Limited will post 1.1393324 earnings per share for the current fiscal year.

Exco Technologies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 30th will be given a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a yield of 5.4%. The ex-dividend date of this dividend is Tuesday, June 16th. Exco Technologies’s dividend payout ratio (DPR) is currently 66.67%.

About Exco Technologies

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. It generates maximum revenue from the Automotive Solutions segment. The Automotive Solutions segment produces automotive interior components and assemblies primarily for seating, cargo storage, and restraint for sale to automotive manufacturers and Tier 1 suppliers.