Exco Technologies (TSE:XTC) Stock Price Passes Above 200-Day Moving Average – Here’s What Happened

Exco Technologies Limited (TSE:XTC)’s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$6.77 and traded as high as C$7.70. Exco Technologies shares last traded at C$7.68, with a volume of 32,892 shares changing hands.

Exco Technologies Trading Up 0.8%

The firm has a market cap of C$293.54 million, a P/E ratio of 11.91 and a beta of 0.81. The business’s 50 day moving average is C$6.98 and its 200-day moving average is C$6.78. The company has a quick ratio of 1.30, a current ratio of 2.83 and a debt-to-equity ratio of 26.17.

Exco Technologies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Wednesday, December 31st were given a $0.105 dividend. The ex-dividend date was Wednesday, December 17th. This represents a $0.42 annualized dividend and a dividend yield of 5.4%. Exco Technologies’s dividend payout ratio (DPR) is presently 64.62%.

Insider Activity

In other Exco Technologies news, insider Darren Michael Kirk bought 4,300 shares of the stock in a transaction on Thursday, December 18th. The stock was purchased at an average price of C$6.71 per share, for a total transaction of C$28,853.00. Following the completion of the purchase, the insider directly owned 9,300 shares in the company, valued at approximately C$62,403. This trade represents a 86.00% increase in their ownership of the stock. Corporate insiders own 51.81% of the company’s stock.

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. 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.