Currency Exchange International (TSE:CXI) Hits New 52-Week High – Here’s What Happened

Shares of Currency Exchange International, Corp. (TSE:CXI) hit a new 52-week high during trading on Wednesday . The stock traded as high as C$30.25 and last traded at C$30.50, with a volume of 4756 shares traded. The stock had previously closed at C$30.00.

Currency Exchange International Stock Up 1.7%

The company has a quick ratio of 1.62, a current ratio of 2.99 and a debt-to-equity ratio of 7.26. The firm has a market capitalization of C$180.74 million, a price-to-earnings ratio of 38.12 and a beta of 0.52. The stock has a 50 day moving average of C$29.69 and a 200 day moving average of C$27.13.

Currency Exchange International (TSE:CXI) last announced its quarterly earnings data on Tuesday, June 9th. The company reported C$0.54 earnings per share (EPS) for the quarter. Currency Exchange International had a return on equity of 5.76% and a net margin of 6.49%.The firm had revenue of C$24.43 million for the quarter. As a group, analysts expect that Currency Exchange International, Corp. will post 2.9278107 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Christopher Jon Johnson sold 2,966 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of C$25.73, for a total transaction of C$76,315.18. Following the transaction, the insider directly owned 3,000 shares in the company, valued at C$77,190. This trade represents a 49.72% decrease in their ownership of the stock. Corporate insiders own 25.60% of the company’s stock.

About Currency Exchange International

Currency Exchange International is in the business of providing comprehensive foreign exchange technology and processing services for banks, credit unions, businesses, and consumers in the United States and select clients globally. Primary products and services include the exchange of foreign currencies, wire transfer payments, Global EFTs, and foreign cheque clearing. Wholesale customers are served through its proprietary FX software applications delivered on its web-based interface, www.cxifx.com (‘CXIFX’), its related APIs with core banking platforms, and through personal relationship managers.