Currency Exchange International (TSE:CXI) Reaches New 52-Week High – Still a Buy?

Currency Exchange International, Corp. (TSE:CXI) hit a new 52-week high during trading on Tuesday . The stock traded as high as C$29.46 and last traded at C$29.27, with a volume of 7100 shares. The stock had previously closed at C$28.30.

Currency Exchange International Stock Performance

The company has a debt-to-equity ratio of 7.58, a current ratio of 72.42 and a quick ratio of 1.62. The firm has a market capitalization of C$175.45 million, a PE ratio of 16.11 and a beta of 0.66. The company’s fifty day simple moving average is C$25.24 and its 200-day simple moving average is C$25.06.

Currency Exchange International (TSE:CXI) last announced its earnings results on Tuesday, June 9th. The company reported C$0.54 earnings per share (EPS) for the quarter. The business had revenue of C$24.43 million for the quarter. Currency Exchange International had a net margin of 6.49% and a return on equity of 5.76%. As a group, sell-side analysts expect that Currency Exchange International, Corp. will post 2.9278107 earnings per share for the current fiscal year.

Insider Transactions at Currency Exchange International

In other Currency Exchange International news, insider Christopher Jon Johnson sold 2,966 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of C$25.73, for a total transaction of C$76,315.18. Following the completion of the sale, the insider directly owned 3,000 shares in the company, valued at approximately C$77,190. The trade was a 49.72% decrease in their position. Insiders own 25.60% of the company’s stock.

About Currency Exchange International

Currency Exchange International is in the business of providing comprehensive foreign exchange technology and processing services for banks, credit unions, businesses, and consumers in the United States and select clients globally. Primary products and services include the exchange of foreign currencies, wire transfer payments, Global EFTs, and foreign cheque clearing. Wholesale customers are served through its proprietary FX software applications delivered on its web-based interface, www.cxifx.com (‘CXIFX’), its related APIs with core banking platforms, and through personal relationship managers.