Exco Technologies Limited (TSE:XTC) insider Paul Robbins sold 5,000 shares of the stock in a transaction dated Wednesday, March 7th. The shares were sold at an average price of C$9.60, for a total transaction of C$48,000.00.
Paul Robbins also recently made the following trade(s):
- On Friday, March 2nd, Paul Robbins sold 2,500 shares of Exco Technologies stock. The stock was sold at an average price of C$9.50, for a total transaction of C$23,750.00.
Shares of Exco Technologies Limited (TSE XTC) traded down C$0.14 during trading hours on Wednesday, reaching C$9.27. 77,079 shares of the company traded hands, compared to its average volume of 53,554. Exco Technologies Limited has a 12-month low of C$8.80 and a 12-month high of C$12.22. The firm has a market cap of $393.32, a price-to-earnings ratio of 9.86 and a beta of 0.81.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 29th. Investors of record on Thursday, March 15th will be issued a dividend of $0.085 per share. The ex-dividend date of this dividend is Wednesday, March 14th. This represents a $0.34 dividend on an annualized basis and a yield of 3.67%. This is an increase from Exco Technologies’s previous quarterly dividend of $0.08. Exco Technologies’s payout ratio is currently 34.04%.
A number of equities analysts recently weighed in on XTC shares. BMO Capital Markets decreased their price target on shares of Exco Technologies from C$11.50 to C$10.00 in a research report on Friday, December 1st. Scotiabank decreased their price target on shares of Exco Technologies from C$12.50 to C$10.00 and set a “sector perform” rating for the company in a research report on Friday, December 1st.
COPYRIGHT VIOLATION WARNING: This news story was first published by StockNewsTimes and is the property of of StockNewsTimes. If you are viewing this news story on another publication, it was illegally copied and reposted in violation of United States and international copyright and trademark law. The legal version of this news story can be viewed at https://stocknewstimes.com/2018/03/14/insider-selling-exco-technologies-limited-xtc-insider-sells-5000-shares-of-stock.html.
Exco Technologies Company Profile
Exco Technologies Limited is a designer, developer and manufacturer of dies, molds, components and assemblies, and consumable equipment for the die-cast, extrusion and automotive industries. The Company’s segments include casting and extrusion, and automotive solutions. The casting and extrusion segment designs, develops and manufactures die-casting and extrusion tooling, and consumable parts for both aluminum die-casting and aluminum extrusion machines.
Receive News & Ratings for Exco Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exco Technologies and related companies with MarketBeat.com's FREE daily email newsletter.