Almacenes Éxito (NYSE:EXTO) Hits New 12-Month Low – Should You Sell?

Almacenes Éxito S.A. (NYSE:EXTO)’s share price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $3.56 and last traded at $3.57, with a volume of 30019 shares traded. The stock had previously closed at $3.74.

Almacenes Éxito Trading Down 3.3 %

The firm’s 50-day moving average price is $3.95 and its 200 day moving average price is $4.17. The company has a market cap of $579.17 million, a price-to-earnings ratio of 10.20 and a beta of -0.51. The company has a current ratio of 0.73, a quick ratio of 0.32 and a debt-to-equity ratio of 0.25.

Almacenes Éxito Increases Dividend

The business also recently disclosed a — dividend, which was paid on Tuesday, December 17th. Stockholders of record on Monday, December 9th were issued a dividend of $0.0248 per share. The ex-dividend date of this dividend was Monday, December 9th. This represents a dividend yield of 1.2%. This is a positive change from Almacenes Éxito’s previous — dividend of $0.01. Almacenes Éxito’s dividend payout ratio is currently 31.43%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Kathmere Capital Management LLC acquired a new position in shares of Almacenes Éxito during the second quarter worth approximately $71,000. HBK Sorce Advisory LLC bought a new stake in Almacenes Éxito during the 2nd quarter valued at $77,000. Finally, Caprock Group LLC acquired a new position in Almacenes Éxito during the second quarter worth $259,000.

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.