Exco Technologies (TSE:XTC) Shares Cross Above Two Hundred Day Moving Average - Time to Sell?

Exco Technologies Limited (TSE:XTC - Get Free Report)'s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$6.70 and traded as high as C$7.03. Exco Technologies shares last traded at C$7.03, with a volume of 17,247 shares traded.

Wall Street Analysts Forecast Growth

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

Exco Technologies Trading Up 0.1%

The company has a current ratio of 2.83, a quick ratio of 1.30 and a debt-to-equity ratio of 26.17. The firm has a market cap of C$272.29 million, a PE ratio of 9.66 and a beta of 1.15. The business has a fifty day moving average price of C$6.24 and a 200 day moving average price of C$6.70.

Exco Technologies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Monday, June 30th will be issued a $0.105 dividend. This represents a $0.42 annualized dividend and a dividend yield of 5.97%. The ex-dividend date of this dividend is Monday, June 16th. Exco Technologies's payout ratio is 57.69%.

Exco Technologies Company Profile

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.

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