Free Trial

Exco Technologies (TSE:XTC) Share Price Crosses Above Two Hundred Day Moving Average - Here's Why

Exco Technologies logo with Consumer Cyclical background

Exco Technologies Limited (TSE:XTC - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$6.53 and traded as high as C$6.80. Exco Technologies shares last traded at C$6.70, with a volume of 6,714 shares changing hands.

Wall Street Analyst Weigh In

Separately, Cormark raised shares of Exco Technologies from a "hold" rating to a "moderate buy" rating in a research note on Friday, May 2nd.

Check Out Our Latest Analysis on XTC

Exco Technologies Stock Up 1.2%

The firm has a 50 day moving average price of C$6.78 and a 200-day moving average price of C$6.53. The firm has a market cap of C$259.51 million, a price-to-earnings ratio of 9.20 and a beta of 1.15. The company has a debt-to-equity ratio of 26.17, a current ratio of 2.83 and a quick ratio of 1.30.

Exco Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Monday, June 30th were paid a dividend of $0.105 per share. The ex-dividend date was Monday, June 16th. This represents a $0.42 dividend on an annualized basis and a yield of 6.27%. Exco Technologies's dividend payout ratio (DPR) is presently 57.69%.

Exco Technologies Company Profile

(Get Free Report)

Exco Technologies Limited, together with its subsidiaries, designs, develops, manufactures, and sells dies, molds, components and assemblies, and consumable equipment for the die-cast, extrusion, and automotive industries. It operates through two segments, Casting and Extrusion, and Automotive Solutions.

Recommended Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Exco Technologies Right Now?

Before you consider Exco Technologies, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Exco Technologies wasn't on the list.

While Exco Technologies currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Reduce the Risk Cover

Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Pelosi Makes Big Bet on Broadcom—Here’s Why It Matters
This Strategy Beat the S&P—And Most Investors Ignore It
NVDA Greenlight: China Sales Spark 50% Rally Potential

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines