Exco Technologies (TSE:XTC) Hits New 12-Month High at $8.22

Exco Technologies Limited (TSE:XTC) reached a new 52-week high during trading on Tuesday . The company traded as high as C$8.22 and last traded at C$8.17, with a volume of 18767 shares trading hands. The stock had previously closed at C$8.22.

Analysts Set New Price Targets

Separately, Acumen Capital set a C$11.00 price target on shares of Exco Technologies and gave the stock a “buy” rating in a research report on Thursday, June 27th.

Exco Technologies Stock Down 1.1 %

The stock has a fifty day moving average of C$7.84 and a two-hundred day moving average of C$7.63. The company has a quick ratio of 1.30, a current ratio of 2.80 and a debt-to-equity ratio of 30.07. The stock has a market cap of C$313.29 million, a price-to-earnings ratio of 10.14 and a beta of 1.17.

Exco Technologies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 27th. Stockholders of record on Friday, September 27th will be issued a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a dividend yield of 5.18%. The ex-dividend date is Friday, September 13th. Exco Technologies’s payout ratio is currently 52.50%.

About Exco Technologies

Exco Technologies Limited, together with its subsidiaries, designs, develops, manufactures, and sells dies, molds, components and assemblies, and consumable equipment for the die-cast, extrusion, and automotive industries. It operates through two segments, Casting and Extrusion, and Automotive Solutions.