Exco Technologies (TSE:XTC) Stock Passes Below Two Hundred Day Moving Average – Here’s Why

Exco Technologies Limited (TSE:XTC) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$8.05 and traded as low as C$7.97. Exco Technologies shares last traded at C$7.97, with a volume of 23,682 shares trading hands.

Exco Technologies Stock Down 2.1 %

The company has a market capitalization of C$301.31 million, a price-to-earnings ratio of 9.75 and a beta of 1.15. The firm’s 50 day moving average price is C$8.38 and its two-hundred day moving average price is C$8.05. The company has a current ratio of 2.80, a quick ratio of 1.30 and a debt-to-equity ratio of 30.07.

Exco Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 31st will be given a $0.105 dividend. The ex-dividend date of this dividend is Tuesday, December 17th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 5.38%. Exco Technologies’s payout ratio is 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.