Insider Selling: Exco Technologies Limited (TSE:XTC) Insider Sells 25,000 Shares of Stock

Exco Technologies Limited (TSE:XTC) insider Paul Robbins sold 25,000 shares of the firm’s stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of C$6.53, for a total value of C$163,302.50.

Exco Technologies Stock Performance

XTC traded up C$0.01 on Tuesday, reaching C$6.62. 33,312 shares of the stock were exchanged, compared to its average volume of 23,525. The company’s 50-day moving average price is C$7.33 and its 200 day moving average price is C$7.87. Exco Technologies Limited has a fifty-two week low of C$6.51 and a fifty-two week high of C$8.80. The company has a debt-to-equity ratio of 26.17, a current ratio of 2.83 and a quick ratio of 1.30. The firm has a market capitalization of C$256.41 million, a PE ratio of 9.09 and a beta of 1.15.

Exco Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 31st were paid a dividend of $0.105 per share. The ex-dividend date was Tuesday, December 17th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 6.34%. Exco Technologies’s payout ratio is currently 57.69%.

Analyst Ratings Changes

Separately, Cormark cut Exco Technologies from a “moderate buy” rating to a “hold” rating in a research report on Monday, February 3rd.

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.