Exco Technologies (TSE:XTC) Sets New 12-Month High – Here’s What Happened

Exco Technologies Limited (TSE:XTC)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as C$8.14 and last traded at C$8.11, with a volume of 17605 shares changing hands. The stock had previously closed at C$7.79.

Exco Technologies Trading Up 3.3%

The company has a quick ratio of 1.30, a current ratio of 2.70 and a debt-to-equity ratio of 24.28. The firm has a market capitalization of C$302.66 million, a price-to-earnings ratio of 12.78 and a beta of 1.11. The business has a 50-day moving average of C$7.54 and a two-hundred day moving average of C$7.29.

Exco Technologies (TSE:XTC) last issued its quarterly earnings data on Wednesday, April 29th. The company reported C$0.15 earnings per share (EPS) for the quarter. The company had revenue of C$157.56 million during the quarter. Exco Technologies had a return on equity of 6.02% and a net margin of 3.96%. Research analysts predict that Exco Technologies Limited will post 1.1393324 EPS for the current fiscal year.

Exco Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 30th will be paid a $0.105 dividend. The ex-dividend date of this dividend is Tuesday, June 16th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 5.2%. Exco Technologies’s dividend payout ratio is 66.67%.

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.