Exco Technologies (TSE:XTC) Hits New 1-Year High – Should You Buy?

Exco Technologies Limited (TSE:XTC)’s share price reached a new 52-week high on Monday . The company traded as high as C$8.60 and last traded at C$8.52, with a volume of 9883 shares. The stock had previously closed at C$8.46.

Exco Technologies Price Performance

The firm’s 50-day moving average price is C$7.84 and its 200-day moving average price is C$7.59. The company has a current ratio of 2.82, a quick ratio of 1.30 and a debt-to-equity ratio of 23.36. The stock has a market capitalization of C$319.58 million, a PE ratio of 13.28 and a beta of 1.09.

Exco Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 30th were paid a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a yield of 4.9%. The ex-dividend date of this dividend was Tuesday, June 16th. Exco Technologies’s payout ratio is presently 65.62%.

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. 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.