Exco Technologies Limited (TSE:XTC) Senior Officer Sells C$25,600.00 in Stock

Exco Technologies Limited (TSE:XTC) Senior Officer Paul Riganelli sold 3,200 shares of the firm’s stock in a transaction that occurred on Friday, September 6th. The shares were sold at an average price of C$8.00, for a total value of C$25,600.00.

Paul Riganelli also recently made the following trade(s):

• On Friday, August 30th, Paul Riganelli sold 700 shares of Exco Technologies stock. The shares were sold at an average price of C$8.24, for a total value of C$5,768.00.
• On Wednesday, August 28th, Paul Riganelli sold 1,500 shares of Exco Technologies stock. The stock was sold at an average price of C$8.08, for a total value of C$12,120.00.
• On Monday, August 26th, Paul Riganelli sold 100 shares of Exco Technologies stock. The stock was sold at an average price of C$8.12, for a total transaction of C$812.00.
• On Wednesday, August 21st, Paul Riganelli sold 300 shares of Exco Technologies stock. The shares were sold at an average price of C$7.83, for a total transaction of C$2,349.00.
• On Friday, August 16th, Paul Riganelli sold 875 shares of Exco Technologies stock. The stock was sold at an average price of C$7.72, for a total value of C$6,755.00.

Exco Technologies Price Performance

Shares of TSE:XTC opened at C$8.00 on Friday. The company has a market capitalization of C$309.04 million, a P/E ratio of 10.00 and a beta of 1.17. The company’s 50-day moving average is C$7.85 and its 200 day moving average is C$7.64. The company has a debt-to-equity ratio of 30.07, a quick ratio of 1.30 and a current ratio of 2.80. Exco Technologies Limited has a fifty-two week low of C$7.00 and a fifty-two week high of C$8.28.

Exco Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, September 27th. Shareholders of record on Friday, September 27th will be paid a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a yield of 5.25%. The ex-dividend date of this dividend is Friday, September 13th. Exco Technologies’s payout ratio is 52.50%.

Analyst Ratings Changes

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

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.