Almacenes Éxito (NYSE:EXTO) Shares Gap Down – Here’s Why

Almacenes Éxito S.A. (NYSE:EXTO)’s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $4.40, but opened at $4.25. Almacenes Éxito shares last traded at $4.35, with a volume of 1,829 shares trading hands.

Almacenes Éxito Trading Down 2.7 %

The business’s 50-day simple moving average is $4.30 and its two-hundred day simple moving average is $4.43. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.72 and a quick ratio of 0.35.

Almacenes Éxito (NYSE:EXTO) last issued its quarterly earnings data on Tuesday, August 13th. The company reported ($0.03) earnings per share for the quarter. The company had revenue of $1.29 billion during the quarter.

Almacenes Éxito Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 16th. Investors of record on Monday, October 7th were given a dividend of $0.037 per share. The ex-dividend date of this dividend was Monday, October 7th. This represents a $0.15 annualized dividend and a yield of 3.46%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. O Shaughnessy Asset Management LLC acquired a new stake in shares of Almacenes Éxito in the first quarter valued at about $205,000. Sanders Morris Harris LLC bought a new position in Almacenes Éxito during the 2nd quarter worth approximately $42,000. Caprock Group LLC acquired a new position in shares of Almacenes Éxito in the 2nd quarter worth approximately $259,000. HBK Sorce Advisory LLC bought a new stake in shares of Almacenes Éxito in the 2nd quarter valued at $77,000. Finally, Kathmere Capital Management LLC acquired a new stake in shares of Almacenes Éxito during the second quarter worth $71,000.

Almacenes Éxito Company Profile

Almacenes Éxito SA operates as a retail commerce company in South America. The company operates a chain of retail stores primarily under the Éxito, Carulla, Surtimax, Super Inter, Surti Mayorista, Libertad, Mini Libertad, Devoto, Disco, and Géant brands. It is also involved in the online commerce activities.