Edward Warkentin Purchases 1,011 Shares of Exchange Income Co. (TSE:EIF) Stock

Exchange Income Co. (TSE:EIF) Director Edward Warkentin bought 1,011 shares of the stock in a transaction dated Tuesday, March 4th. The shares were acquired at an average price of C$49.54 per share, for a total transaction of C$50,087.97.

Exchange Income Price Performance

Shares of TSE:EIF traded down C$1.12 during midday trading on Tuesday, hitting C$49.43. 55,312 shares of the stock were exchanged, compared to its average volume of 110,567. The stock has a market cap of C$2.47 billion, a P/E ratio of 19.36, a PEG ratio of 1.42 and a beta of 2.04. Exchange Income Co. has a twelve month low of C$43.08 and a twelve month high of C$59.32. The company has a 50 day moving average price of C$54.90 and a 200-day moving average price of C$53.68. The company has a current ratio of 1.76, a quick ratio of 1.13 and a debt-to-equity ratio of 173.72.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. CIBC lifted their price objective on shares of Exchange Income from C$66.00 to C$69.00 in a research note on Wednesday, December 4th. Paradigm Capital set a C$69.00 price objective on Exchange Income and gave the stock a “buy” rating in a research report on Thursday, January 30th. Scotiabank dropped their price objective on shares of Exchange Income from C$65.00 to C$64.00 in a research note on Friday. Canaccord Genuity Group increased their price target on shares of Exchange Income from C$70.00 to C$72.00 in a report on Tuesday, November 12th. Finally, Ventum Financial set a C$74.00 target price on Exchange Income and gave the stock a “buy” rating in a research report on Tuesday, November 5th. Six equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Exchange Income presently has an average rating of “Buy” and an average target price of C$69.00.

About Exchange Income

Exchange Income Corporation, together with its subsidiaries, engages in aerospace and aviation services and equipment, and manufacturing businesses worldwide. The company Aerospace & Aviation, and Manufacturing segments. The Aerospace & Aviation segment offers fixed wing and rotary wing, medevac, passenger, charter, freight, and auxiliary services; and operates two flight schools and trains pilots.