Insider Buying: Exchange Income Co. (TSE:EIF) Director Buys C$201,052.00 in Stock

Exchange Income Co. (TSE:EIF) Director Michael Pyle acquired 4,000 shares of the business’s stock in a transaction on Friday, February 28th. The stock was acquired at an average price of C$50.26 per share, with a total value of C$201,052.00.

Exchange Income Stock Down 0.6 %

EIF opened at C$50.38 on Monday. The company has a quick ratio of 1.13, a current ratio of 1.76 and a debt-to-equity ratio of 173.72. The firm has a market cap of C$2.51 billion, a P/E ratio of 19.74, a PEG ratio of 1.42 and a beta of 2.04. Exchange Income Co. has a 52 week low of C$43.08 and a 52 week high of C$59.32. The business’s fifty day simple moving average is C$55.04 and its 200 day simple moving average is C$53.62.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on EIF. Canaccord Genuity Group increased their price objective on Exchange Income from C$70.00 to C$72.00 in a research report on Tuesday, November 12th. National Bankshares increased their price objective on Exchange Income from C$61.00 to C$68.00 in a research report on Monday, November 11th. Ventum Cap Mkts upgraded Exchange Income to a “strong-buy” rating in a research report on Tuesday, November 5th. Royal Bank of Canada upped their target price on Exchange Income from C$65.00 to C$71.00 in a report on Thursday, November 14th. Finally, Scotiabank lowered their target price on Exchange Income from C$65.00 to C$64.00 in a report on Friday. Six research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to 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.