Exco Technologies (TSE:XTC) Sets New 1-Year High – Time to Buy?

Exco Technologies Limited (TSE:XTC) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as C$8.17 and last traded at C$8.15, with a volume of 23522 shares traded. The stock had previously closed at C$7.99.

Exco Technologies Stock Performance

The company has a quick ratio of 1.30, a current ratio of 2.70 and a debt-to-equity ratio of 24.28. The stock has a fifty day simple moving average of C$7.69 and a 200-day simple moving average of C$7.49. The company has a market capitalization of C$305.30 million, a P/E ratio of 12.89 and a beta of 1.10.

Exco Technologies (TSE:XTC) last announced its earnings results on Wednesday, April 29th. The company reported C$0.15 EPS for the quarter. The company had revenue of C$157.56 million for the quarter. Exco Technologies had a return on equity of 6.02% and a net margin of 3.96%. Equities analysts forecast that Exco Technologies Limited will post 1.1393324 EPS for the current year.

Exco Technologies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 30th were paid a $0.105 dividend. The ex-dividend date of this dividend was Tuesday, June 16th. This represents a $0.42 annualized dividend and a yield of 5.2%. Exco Technologies’s dividend payout ratio is presently 66.67%.

About Exco Technologies

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. It generates maximum revenue from the Automotive Solutions segment. The Automotive Solutions segment produces automotive interior components and assemblies primarily for seating, cargo storage, and restraint for sale to automotive manufacturers and Tier 1 suppliers.