Almacenes Éxito (NYSE:EXTO) Trading 7.1% Higher – Still a Buy?

Shares of Almacenes Éxito S.A. (NYSE:EXTO) rose 7.1% during mid-day trading on Thursday . The stock traded as high as $3.64 and last traded at $3.64. Approximately 17,713 shares changed hands during mid-day trading, a decline of 84% from the average daily volume of 108,134 shares. The stock had previously closed at $3.40.

Almacenes Éxito Stock Up 6.5 %

The firm has a market cap of $587.28 million, a P/E ratio of 10.34 and a beta of -0.50. The company has a quick ratio of 0.32, a current ratio of 0.73 and a debt-to-equity ratio of 0.25. The stock’s 50-day simple moving average is $3.88 and its 200 day simple moving average is $4.14.

Almacenes Éxito Increases Dividend

The firm also recently declared a — dividend, which was paid on Tuesday, December 17th. Shareholders of record on Monday, December 9th were paid a $0.0248 dividend. The ex-dividend date was Monday, December 9th. This is a positive change from Almacenes Éxito’s previous — dividend of $0.01. This represents a yield of 1.2%. Almacenes Éxito’s payout ratio is 31.43%.

Institutional Trading of Almacenes Éxito

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in EXTO. Caprock Group LLC acquired a new stake in shares of Almacenes Éxito in the 2nd quarter worth about $259,000. HBK Sorce Advisory LLC purchased a new stake in Almacenes Éxito in the 2nd quarter valued at $77,000. Finally, Kathmere Capital Management LLC bought a new position in Almacenes Éxito during the 2nd quarter valued at $71,000.

Almacenes Éxito Company Profile

Almacenes Éxito SA operates as a retail commerce company in South America. The company operates a chain of retail stores primarily under the Éxito, Carulla, Surtimax, Super Inter, Surti Mayorista, Libertad, Mini Libertad, Devoto, Disco, and Géant brands. It is also involved in the online commerce activities.