Exco Technologies (TSE:XTC) Hits New 1-Year Low – Should You Sell?

Exco Technologies Limited (TSE:XTC) reached a new 52-week low during trading on Wednesday . The stock traded as low as C$5.86 and last traded at C$5.87, with a volume of 11491 shares changing hands. The stock had previously closed at C$5.89.

Analyst Ratings Changes

Separately, Cormark lowered shares of Exco Technologies from a “moderate buy” rating to a “hold” rating in a research report on Monday, February 3rd.

Exco Technologies Price Performance

The company has a market cap of C$224.65 million, a PE ratio of 7.97 and a beta of 1.15. The company has a debt-to-equity ratio of 26.17, a current ratio of 2.83 and a quick ratio of 1.30. The company has a 50-day moving average price of C$6.55 and a two-hundred day moving average price of C$7.54.

Exco Technologies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 31st will be given a dividend of $0.105 per share. The ex-dividend date is Monday, March 17th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 7.24%. Exco Technologies’s payout ratio is currently 57.69%.

Insider Buying and Selling at Exco Technologies

In other news, insider Paul Robbins sold 25,000 shares of Exco Technologies stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of C$6.53, for a total value of C$163,302.50. Also, Senior Officer William Peter Schroers sold 12,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 31st. The shares were sold at an average price of C$7.51, for a total value of C$90,120.00. 51.81% of the stock is currently owned by corporate insiders.

About Exco Technologies

Exco Technologies Limited, together with its subsidiaries, designs, develops, manufactures, and sells dies, molds, components and assemblies, and consumable equipment for the die-cast, extrusion, and automotive industries. It operates through two segments, Casting and Extrusion, and Automotive Solutions.