Paul Riganelli Sells 5,000 Shares of Exco Technologies Limited (TSE:XTC) Stock

Exco Technologies Limited (TSE:XTC) Senior Officer Paul Riganelli sold 5,000 shares of the firm’s stock in a transaction on Wednesday, May 15th. The shares were sold at an average price of C$7.90, for a total transaction of C$39,500.00.

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

• On Friday, May 10th, Paul Riganelli sold 5,000 shares of Exco Technologies stock. The shares were sold at an average price of C$7.80, for a total transaction of C$39,000.00.

Exco Technologies Price Performance

Shares of Exco Technologies stock opened at C$7.93 on Friday. The firm has a market cap of C$307.37 million, a PE ratio of 10.57 and a beta of 1.18. The stock has a 50 day moving average of C$7.36 and a 200 day moving average of C$7.45. The company has a current ratio of 2.77, a quick ratio of 1.30 and a debt-to-equity ratio of 30.90. Exco Technologies Limited has a 12 month low of C$7.00 and a 12 month high of C$8.98.

Exco Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Thursday, March 28th were paid a dividend of $0.105 per share. The ex-dividend date of this dividend was Wednesday, March 13th. This represents a $0.42 annualized dividend and a yield of 5.30%. Exco Technologies’s payout ratio is currently 56.00%.

Wall Street Analyst Weigh In

Separately, Cormark lifted their price target on shares of Exco Technologies from C$12.75 to C$13.00 in a report on Friday, February 2nd.

Exco Technologies Company Profile

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.