Exco Technologies Limited’s stock price listed under TSE:XTC crossed below its 200-day moving average of C$7.59 during Tuesday’s trading. The company had a market capitalization of C$281.32 million, with a PE ratio of 14.18 and a beta of 1.18. Several research analysts recently issued reports, which reduced Exco Technologies’ price objective from C$9.00 to C$8.00 and C$12.25 to C$9.75, respectively. The firm last reported its earnings results on January 31st, 2023, with a quarterly earnings per share of C$0.12, lower than the expected C$0.18. Moreover, the company recently announced a quarterly dividend payment amounting to $0.105. Exco Technologies Limited, with subsidiaries in the die-cast, extrusion, and automotive industries, designs, develops, manufactures, and sells dies, molds, components, and assemblies, and consumable equipment. It operates through two segments, Casting and Extrusion, and Automotive Solutions.
Exco Technologies Limited’s stock price, listed under TSE:XTC, recently fell below its 200-day moving average during trading on Tuesday. The company has a 200-day moving average of C$7.59. The firm’s stock price decline follows the recent release of reports by several research analysts, including BMO Capital Markets and Cormark. These reports reduced Exco Technologies’ price objective from C$9.00 to C$8.00 and C$12.25 to C$9.75, respectively.
The company has a 50-day moving average of C$7.63, and a market capitalization of C$281.32 million, with a PE ratio of 14.18 and a beta of 1.18. Its quick ratio is 1.30, while its current ratio is 2.54, and its debt-to-equity ratio is 32.95.
Exco Technologies Limited last reported its earnings results on January 31st, 2023, with a quarterly earnings per share of C$0.12, missing the consensus estimate of C$0.18 by C($0.06). However, the company had a net margin of 3.93% and a return on equity of 5.95%. The company generated revenue of C$139.09 million for the quarter, lower than the expected C$146.80 million. Research analysts expect the firm to post 0.492862 EPS for the current year.
Moreover, the firm recently announced a quarterly dividend payment, which will be made on March 31st to shareholders of record on March 31st. The ex-dividend date of this dividend was on March 16th. The quarterly dividend payment amounts to $0.105, equivalent to a dividend yield of 5.81%, and an annualized dividend of $0.42.
Exco Technologies Limited, with subsidiaries in the die-cast, extrusion, and automotive industries, designs, develops, manufactures, and sells dies, molds, components and assemblies, and consumable equipment. It operates through two segments, Casting and Extrusion, and Automotive Solutions.
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