Exco Technologies (TSE:XTC) Stock Price Passes Above 200 Day Moving Average - Here's What Happened

Key Points

• Exco Technologies' stock price has exceeded its 200-day moving average of C$6.45, trading as high as C$6.86 before last closing at C$6.83.
• The company has announced a quarterly dividend of $0.105 per share, resulting in an annualized dividend of $0.42 and a yield of 6.1%.
• Exco Technologies holds a debt-to-equity ratio of 26.17 with a market capitalization of C$261.11 million, indicating a relatively stable financial position.

Exco Technologies Limited (TSE:XTC - )'s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$6.45 and traded as high as C$6.86. Exco Technologies shares last traded at C$6.83, with a volume of 22,606 shares trading hands.

Exco Technologies Stock Up 1.0%

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$261.11 million, a P/E ratio of 11.02 and a beta of 0.86. The firm has a 50-day simple moving average of C$6.73 and a 200 day simple moving average of C$6.45.

Exco Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 29th. Stockholders of record on Monday, September 29th will be given a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date is Monday, September 15th. Exco Technologies's dividend payout ratio (DPR) is 67.74%.

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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