Almacenes Éxito (NYSE:EXTO) Shares Gap Up – Still a Buy?

Almacenes Éxito S.A. (NYSE:EXTO) shares gapped up before the market opened on Friday . The stock had previously closed at $3.80, but opened at $3.98. Almacenes Éxito shares last traded at $3.88, with a volume of 12,388 shares changing hands.

Almacenes Éxito Stock Up 0.5 %

The business has a 50-day simple moving average of $4.18 and a two-hundred day simple moving average of $4.29. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.32 and a current ratio of 0.73.

Almacenes Éxito Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 16th. Investors of record on Monday, October 7th were given a $0.037 dividend. The ex-dividend date of this dividend was Monday, October 7th. This represents a $0.15 dividend on an annualized basis and a yield of 3.87%.

Hedge Funds Weigh In On Almacenes Éxito

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

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.