Almacenes Éxito (NYSE:EXTO) Sets New 12-Month Low – Here’s What Happened

Almacenes Éxito S.A. (NYSE:EXTO)’s stock price reached a new 52-week low during mid-day trading on Friday . The company traded as low as $3.67 and last traded at $3.70, with a volume of 8895 shares trading hands. The stock had previously closed at $3.79.

Almacenes Éxito Price Performance

The company has a market capitalization of $624.60 million, a price-to-earnings ratio of 11.00 and a beta of -0.51. The company has a current ratio of 0.73, a quick ratio of 0.32 and a debt-to-equity ratio of 0.25. The company’s 50 day simple moving average is $4.02 and its 200-day simple moving average is $4.19.

Almacenes Éxito Increases Dividend

The company also recently announced a — dividend, which was paid on Tuesday, December 17th. Shareholders of record on Monday, December 9th were paid a $0.0248 dividend. This is a boost from Almacenes Éxito’s previous — dividend of $0.01. This represents a yield of 1.2%. The ex-dividend date was Monday, December 9th. Almacenes Éxito’s payout ratio is presently 31.43%.

Hedge Funds Weigh In On Almacenes Éxito

Several institutional investors have recently added to or reduced their stakes in EXTO. Caprock Group LLC acquired a new position in shares of Almacenes Éxito during the 2nd quarter valued at about $259,000. HBK Sorce Advisory LLC purchased a new position in Almacenes Éxito during the second quarter worth approximately $77,000. Finally, Kathmere Capital Management LLC acquired a new position in shares of Almacenes Éxito in the 2nd quarter valued at $71,000.

Almacenes Éxito Company Profile

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.