Almacenes Éxito (NYSE:EXTO) Trading Up 7.1% – Should You Buy?

Almacenes Éxito S.A. (NYSE:EXTO) rose 7.1% during mid-day trading on Thursday . The stock traded as high as $3.64 and last traded at $3.64. Approximately 17,713 shares were traded during trading, a decline of 84% from the average daily volume of 108,134 shares. The stock had previously closed at $3.40.

Almacenes Éxito Trading Down 1.1 %

The business’s 50 day simple moving average is $3.86 and its 200 day simple moving average is $4.13. The stock has a market cap of $582.42 million, a price-to-earnings ratio of 10.26 and a beta of -0.50. The company has a quick ratio of 0.32, a current ratio of 0.73 and a debt-to-equity ratio of 0.25.

Almacenes Éxito Increases Dividend

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

Institutional Investors Weigh In On Almacenes Éxito

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

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.