Almacenes Éxito (NYSE:EXTO) Sets New 1-Year Low – Should You Sell?

Shares of Almacenes Éxito S.A. (NYSE:EXTO) hit a new 52-week low during mid-day trading on Friday . The company traded as low as $4.00 and last traded at $4.06, with a volume of 5629 shares traded. The stock had previously closed at $4.05.

Almacenes Éxito Stock Performance

The stock has a market cap of $663.53 million, a price-to-earnings ratio of 10.49 and a beta of -0.43. The company’s 50 day simple moving average is $4.27 and its 200 day simple moving average is $4.38. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.35 and a current ratio of 0.72.

Almacenes Éxito (NYSE:EXTO) last issued its quarterly earnings results on Tuesday, August 13th. The company reported ($0.03) earnings per share (EPS) for the quarter. The business had revenue of $1.29 billion during the quarter.

Almacenes Éxito Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 16th. Investors of record on Monday, October 7th were paid a dividend of $0.037 per share. This represents a $0.15 annualized dividend and a yield of 3.62%. The ex-dividend date was Monday, October 7th. Almacenes Éxito’s dividend payout ratio is presently 28.21%.

Hedge Funds Weigh In On Almacenes Éxito

A number of hedge funds have recently modified their holdings of the stock. Sanders Morris Harris LLC purchased a new position in shares of Almacenes Éxito in the second quarter worth approximately $42,000. Kathmere Capital Management LLC acquired a new stake in Almacenes Éxito during the 2nd quarter valued at $71,000. HBK Sorce Advisory LLC purchased a new stake in shares of Almacenes Éxito in the second quarter valued at $77,000. O Shaughnessy Asset Management LLC acquired a new stake in shares of Almacenes Éxito in the first quarter worth $205,000. Finally, Caprock Group LLC purchased a new position in shares of Almacenes Éxito during the second quarter valued at $259,000.

About Almacenes Éxito

Almacenes Éxito SA operates as a retail commerce company in South America. The company operates a chain of retail stores primarily under the Éxito, Carulla, Surtimax, Super Inter, Surti Mayorista, Libertad, Mini Libertad, Devoto, Disco, and Géant brands. It is also involved in the online commerce activities.