EXCO Resources NL (NYSE:XCO)’s share price dropped 7.1% during trading on Tuesday . The stock traded as low as $1.70 and last traded at $1.83, with a volume of 522,381 shares changing hands. The stock had previously closed at $1.97.

Separately, ValuEngine raised shares of EXCO Resources NL from a “sell” rating to a “hold” rating in a report on Wednesday, June 14th.

The company’s 50-day moving average is $1.75 and its 200-day moving average is $5.59. The stock has a market cap of $31.72 million, a PE ratio of 0.21 and a beta of 0.64.

EXCO Resources NL (NYSE:XCO) last issued its quarterly earnings data on Tuesday, August 8th. The oil and natural gas company reported ($0.23) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.27) by $0.04. The firm had revenue of $64 million for the quarter. EXCO Resources NL’s quarterly revenue was up 18.5% on a year-over-year basis. During the same quarter last year, the business earned ($0.05) earnings per share. On average, equities research analysts predict that EXCO Resources NL will post ($1.09) earnings per share for the current year.

Several institutional investors have recently added to or reduced their stakes in XCO. Citadel Advisors LLC increased its position in EXCO Resources NL by 40.1% in the second quarter. Citadel Advisors LLC now owns 41,195 shares of the oil and natural gas company’s stock valued at $109,000 after buying an additional 11,795 shares in the last quarter. Bank of New York Mellon Corp increased its position in EXCO Resources NL by 4.0% in the first quarter. Bank of New York Mellon Corp now owns 876,824 shares of the oil and natural gas company’s stock valued at $544,000 after buying an additional 33,432 shares in the last quarter. Agur Provident & Training Funds Management Ltd. increased its position in EXCO Resources NL by 2,239.4% in the first quarter. Agur Provident & Training Funds Management Ltd. now owns 1,203,260 shares of the oil and natural gas company’s stock valued at $746,000 after buying an additional 1,151,826 shares in the last quarter. Finally, State Street Corp increased its position in EXCO Resources NL by 3.2% in the fourth quarter. State Street Corp now owns 2,959,047 shares of the oil and natural gas company’s stock valued at $2,585,000 after buying an additional 92,693 shares in the last quarter. 56.71% of the stock is currently owned by hedge funds and other institutional investors.

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About EXCO Resources NL

EXCO Resources, Inc (EXCO) is an oil and natural gas company. The Company is engaged in the exploration, exploitation, acquisition, development and production of onshore United States oil and natural gas properties with a focus on shale resource plays. The Company’s principal operations are conducted in certain United States oil and natural gas areas, including Texas, Louisiana and the Appalachia region.

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