Exco Technologies (TSE:XTC) Posts Quarterly Earnings Results

Exco Technologies (TSE:XTC) released its quarterly earnings data on Wednesday. The company reported C$0.15 earnings per share (EPS) for the quarter, FiscalAI reports. The business had revenue of C$157.56 million during the quarter. Exco Technologies had a return on equity of 6.20% and a net margin of 4.00%.

Exco Technologies Trading Up 1.1%

TSE:XTC opened at C$7.35 on Thursday. The stock has a 50-day simple moving average of C$7.51 and a 200-day simple moving average of C$7.06. The stock has a market cap of C$278.50 million, a P/E ratio of 11.31 and a beta of 0.82. Exco Technologies has a 1 year low of C$5.62 and a 1 year high of C$7.94. The company has a debt-to-equity ratio of 26.27, a quick ratio of 1.30 and a current ratio of 3.00.

Exco Technologies Announces Dividend

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

Exco Technologies Company Profile

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.