Exco Technologies (TSE:XTC) Reaches New 1-Year High – Here’s What Happened

Exco Technologies Limited (TSE:XTC) hit a new 52-week high during trading on Tuesday . The stock traded as high as C$8.55 and last traded at C$8.31, with a volume of 19798 shares changing hands. The stock had previously closed at C$8.36.

Exco Technologies Stock Performance

The company has a quick ratio of 1.30, a current ratio of 2.82 and a debt-to-equity ratio of 23.36. The stock has a market cap of C$318.46 million, a P/E ratio of 13.23 and a beta of 1.10. The firm’s 50-day moving average is C$7.77 and its two-hundred day moving average is C$7.55.

Exco Technologies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 30th were given a $0.105 dividend. The ex-dividend date of this dividend was Tuesday, June 16th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 5.0%. Exco Technologies’s payout ratio is currently 65.62%.

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.