Exco Technologies (TSE:XTC) Stock Passes Above 200 Day Moving Average - Time to Sell?

Exco Technologies Limited (TSE:XTC - Get Free Report) shares crossed 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 traded.

Wall Street Analysts Forecast Growth

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

Exco Technologies Stock Down 1.1%

The company has a debt-to-equity ratio of 26.17, a current ratio of 2.83 and a quick ratio of 1.30. The stock has a market capitalization of C$253.70 million, a P/E ratio of 9.00 and a beta of 1.15. The firm has a 50-day simple moving average of C$6.78 and a 200 day simple moving average of C$6.50.

Exco Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Monday, June 30th were paid a dividend of $0.105 per share. The ex-dividend date of this dividend was Monday, June 16th. This represents a $0.42 annualized dividend and a yield of 6.41%. Exco Technologies's dividend payout ratio is currently 57.69%.

About Exco Technologies

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.