Insider Selling at Exco Technologies Limited: A Closer Look

On February 18th, Paul Robbins, an insider at Exco Technologies Limited (TSE:XTC), sold 25,000 shares of the company's stock. The sale was executed at an average price of C$6.53 per share, bringing the total transaction value to C$163,302.50.

Stock Performance Overview

Following the sale, Exco's stock experienced a slight increase, trading up by C$0.01 on the same day to reach C$6.62. In total, 33,312 shares were traded, which is higher than the company's average trading volume of 23,525 shares. The current 50-day moving average for Exco Technologies is C$7.33, while the 200-day moving average stands at C$7.87. Over the past year, the stock reached a low of C$6.51 and a high of C$8.80, indicating some volatility in its price range. Financially, the company maintains a debt-to-equity ratio of 26.17. Its current ratio is 2.83, and the quick ratio is 1.30, reflecting a solid liquidity position. Additionally, Exco Technologies has a market capitalization of C$256.41 million, along with a price-to-earnings (PE) ratio of 9.09 and a beta of 1.15, suggesting a moderate level of risk relative to the broader market.

Dividend Information

The company also announced a quarterly dividend recently. Shareholders received a payment of $0.105 per share, with the dividend distributed on December 31st. The ex-dividend date was December 17th. This results in an annualized dividend of $0.42, which gives the stock a dividend yield of 6.34%. Presently, Exco Technologies has a payout ratio of 57.69%, indicating a sustainable dividend policy.

Changes in Analyst Ratings

In a recent development, analyst firm Cormark adjusted their rating on Exco Technologies from "moderate buy" to "hold," reflecting a more cautious outlook for the stock.

Company Overview

Exco Technologies Limited is involved in designing, developing, manufacturing, and selling dies, molds, components, assemblies, and consumable equipment primarily for the die-cast, extrusion, and automotive industries. The company operates in two main segments: Casting and Extrusion, as well as Automotive Solutions.

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