Exco Technologies (TSE:XTC) Share Price Crosses Above 200 Day Moving Average - What's Next?

Key Points

• Exco Technologies' share price has crossed above its 200-day moving average (200‑day MA C$7.00), trading as high as C$7.36 and last at C$7.23, though it remains below the 50‑day MA of C$7.52, signaling mixed technicals.
• The company has a market cap of C$273.95M and a P/E of 11.12, reported C$0.13 EPS on C$149.52M revenue for the quarter, and pays a quarterly dividend of C$0.105 (C$0.42 annualized) for a 5.8% yield with a payout ratio near 64.6%.

Exco Technologies Limited (TSE:XTC - Get Free Report)'s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$7.00 and traded as high as C$7.36. Exco Technologies shares last traded at C$7.23, with a volume of 7,988 shares.

Exco Technologies Price Performance

The company has a market capitalization of C$273.95 million, a P/E ratio of 11.12 and a beta of 0.82. The firm's fifty day moving average is C$7.52 and its 200 day moving average is C$7.00. The company has a debt-to-equity ratio of 26.27, a quick ratio of 1.30 and a current ratio of 3.00.

Exco Technologies (TSE:XTC - Get Free Report) last issued its quarterly earnings results on Wednesday, January 28th. The company reported C$0.13 EPS for the quarter. The company had revenue of C$149.52 million for the quarter. Exco Technologies had a net margin of 4.00% and a return on equity of 6.20%. 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 company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 31st were issued a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a yield of 5.8%. The ex-dividend date was Tuesday, March 17th. Exco Technologies's dividend payout ratio is presently 64.62%.

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.

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