Currency Exchange International (TSE:CXI) Posts Quarterly Earnings Results

Currency Exchange International (TSE:CXI) announced its quarterly earnings data on Wednesday. The company reported C$0.34 EPS for the quarter, FiscalAI reports. Currency Exchange International had a net margin of 13.45% and a return on equity of 12.54%. The business had revenue of C$21.01 million during the quarter.

Currency Exchange International Stock Down 0.3%

CXI opened at C$27.16 on Thursday. Currency Exchange International has a fifty-two week low of C$19.55 and a fifty-two week high of C$29.00. The company has a debt-to-equity ratio of 12.28, a current ratio of 3.57 and a quick ratio of 1.62. The firm’s fifty day moving average price is C$25.83 and its two-hundred day moving average price is C$24.10. The company has a market capitalization of C$166.60 million, a P/E ratio of 16.07 and a beta of 0.64.

Analyst Ratings Changes

Separately, Acumen Capital boosted their price target on Currency Exchange International from C$30.00 to C$32.00 and gave the company a “buy” rating in a research note on Friday, January 23rd. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of C$32.00.

Currency Exchange International Company Profile

Currency Exchange International Corp operates as a money service business and provides currency exchange, wire transfer, and cheque cashing services at its locations in the United States and Canada. The company earns maximum revenue from the United States of America. The company earns revenue in the form of Commission and Fee income.