Almacenes Éxito (NYSE:EXTO) Hits New 12-Month Low – Should You Sell?

Almacenes Éxito S.A. (NYSE:EXTO) hit a new 52-week low during mid-day trading on Friday . The stock 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 Trading Down 2.4 %

The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.32 and a current ratio of 0.73. The company has a market cap of $600.26 million, a P/E ratio of 10.57 and a beta of -0.51. The business has a fifty day simple moving average of $4.03 and a 200 day simple moving average of $4.20.

Almacenes Éxito Increases Dividend

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of EXTO. Kathmere Capital Management LLC bought a new stake in Almacenes Éxito during the second quarter worth approximately $71,000. HBK Sorce Advisory LLC bought a new stake in shares of Almacenes Éxito in the 2nd quarter worth $77,000. Finally, Caprock Group LLC bought a new stake in shares of Almacenes Éxito in the 2nd quarter worth $259,000.

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.