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

Key Points

• Exco Technologies' share price crossed above its 200-day moving average of C$7.02, trading as high as C$7.44 and last at C$7.31 on a volume of 11,843 shares.
• The company pays a quarterly dividend of C$0.105 (annualized C$0.42) for a 5.7% yield, with an ex-dividend date of March 17 and a payout ratio of 64.62%.
• Key fundamentals include a market cap of C$276.98M and P/E 11.25; the latest quarter showed C$0.13 EPS on C$149.52M revenue, and analysts forecast roughly C$1.14 EPS for the fiscal year.

Exco Technologies Limited (TSE:XTC - Get Free Report)'s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$7.02 and traded as high as C$7.44. Exco Technologies shares last traded at C$7.31, with a volume of 11,843 shares.

Exco Technologies Price Performance

The company has a current ratio of 3.00, a quick ratio of 1.30 and a debt-to-equity ratio of 26.27. The stock has a 50-day simple moving average of C$7.55 and a 200 day simple moving average of C$7.02. The stock has a market capitalization of C$276.98 million, a price-to-earnings ratio of 11.25 and a beta of 0.82.

Exco Technologies (TSE:XTC - Get Free Report) last issued its earnings results on Wednesday, January 28th. The company reported C$0.13 earnings per share for the quarter. The company had revenue of C$149.52 million for the quarter. Exco Technologies had a return on equity of 6.20% and a net margin of 4.00%. On average, equities research analysts forecast that Exco Technologies Limited will post 1.1393324 EPS for the current fiscal year.

Exco Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 31st were paid a $0.105 dividend. This represents a $0.42 annualized dividend and a yield of 5.7%. The ex-dividend date was Tuesday, March 17th. Exco Technologies's dividend payout ratio is currently 64.62%.

About Exco Technologies

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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