Exco Technologies (TSE:XTC) Reaches New 1-Year Low – Time to Sell?

Exco Technologies Limited (TSE:XTC)’s stock price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$5.65 and last traded at C$5.70, with a volume of 21502 shares. The stock had previously closed at C$5.81.

Analyst Upgrades and Downgrades

Separately, Cormark downgraded Exco Technologies from a “moderate buy” rating to a “hold” rating in a research note on Monday, February 3rd.

Exco Technologies Price Performance

The company has a fifty day simple moving average of C$6.34 and a 200 day simple moving average of C$7.45. The stock has a market capitalization of C$215.74 million, a price-to-earnings ratio of 7.65 and a beta of 1.15. The company has a debt-to-equity ratio of 26.17, a quick ratio of 1.30 and a current ratio of 2.83.

Exco Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 31st were issued a $0.105 dividend. The ex-dividend date was Monday, March 17th. This represents a $0.42 dividend on an annualized basis and a yield of 7.54%. Exco Technologies’s payout ratio is currently 57.69%.

Insider Transactions at Exco Technologies

In other news, insider Paul Robbins sold 25,000 shares of the company’s stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of C$6.53, for a total value of C$163,302.50. Insiders own 51.81% of the company’s stock.

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.