Exco Technologies Limited (XTC) Insider Edward James Kernaghan Purchases 3,000 Shares

Exco Technologies Limited (TSE:XTC) insider Edward James Kernaghan bought 3,000 shares of the firm’s stock in a transaction that occurred on Monday, December 4th. The stock was acquired at an average cost of C$9.20 per share, with a total value of C$27,600.00.

Exco Technologies Limited (TSE XTC) traded up C$0.07 during trading on Wednesday, reaching C$9.30. 53,239 shares of the company were exchanged, compared to its average volume of 47,999. Exco Technologies Limited has a 1-year low of C$8.80 and a 1-year high of C$12.79.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 28th. Investors of record on Wednesday, December 13th will be given a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 3.44%. The ex-dividend date of this dividend is Tuesday, December 12th. Exco Technologies’s dividend payout ratio (DPR) is currently 28.04%.

A number of research firms recently weighed in on XTC. Scotiabank downgraded shares of Exco Technologies from an “outperform” rating to a “sector perform” rating and decreased their target price for the company from C$15.00 to C$12.50 in a research report on Tuesday, August 8th. BMO Capital Markets decreased their target price on shares of Exco Technologies from C$11.50 to C$10.00 in a research report on Friday, December 1st.

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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 in two segments, Casting and Extrusion; and Automotive Solutions. The Casting and Extrusion segment designs, develops, manufactures, and sells die-castings and extrusion tooling products, and consumable parts for aluminum die-casting and aluminum extrusion machines.

Insider Buying and Selling by Quarter for Exco Technologies (TSE:XTC)

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