Insider Buying: Exco Technologies (TSE:XTC) Insider Purchases 4,300 Shares of Stock

Exco Technologies Limited (TSE:XTC) insider Darren Michael Kirk bought 4,300 shares of the stock in a transaction that occurred on Thursday, December 18th. The shares were purchased at an average price of C$6.71 per share, for a total transaction of C$28,853.00. Following the purchase, the insider owned 9,300 shares in the company, valued at C$62,403. This represents a 86.00% increase in their position.

Darren Michael Kirk also recently made the following trade(s):

• On Wednesday, December 17th, Darren Michael Kirk acquired 32,000 shares of Exco Technologies stock. The stock was acquired at an average cost of C$6.70 per share, with a total value of C$214,400.00.

Exco Technologies Price Performance

Shares of XTC stock traded down C$0.02 during mid-day trading on Thursday, hitting C$6.71. The company had a trading volume of 38,002 shares, compared to its average volume of 21,470. 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 stock’s 50 day moving average price is C$6.62 and its 200-day moving average price is C$6.73. Exco Technologies Limited has a 52-week low of C$5.26 and a 52-week high of C$7.75. The company has a market capitalization of C$254.74 million, a P/E ratio of 10.65 and a beta of 0.73.

Exco Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 31st will be issued a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a dividend yield of 6.3%. The ex-dividend date of this dividend is Wednesday, December 17th. Exco Technologies’s dividend payout ratio is 66.67%.

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.