Almacenes Éxito (NYSE:EXTO) Shares Gap Up – Should You Buy?

Almacenes Éxito S.A. (NYSE:EXTO) shares gapped up before the market opened on Friday . The stock had previously closed at $3.89, but opened at $4.01. Almacenes Éxito shares last traded at $4.01, with a volume of 111 shares changing hands.

Almacenes Éxito Trading Up 4.4 %

The firm has a market cap of $658.65 million, a PE ratio of 11.60 and a beta of -0.51. The firm has a fifty day simple moving average of $4.09 and a two-hundred day simple moving average of $4.21. The company has a current ratio of 0.73, a quick ratio of 0.32 and a debt-to-equity ratio of 0.25.

Almacenes Éxito Increases Dividend

The firm also recently announced a — dividend, which will be paid on Tuesday, December 17th. Investors of record on Monday, December 9th will be issued a dividend of $0.0248 per share. This represents a dividend yield of 1.2%. The ex-dividend date of this dividend is Monday, December 9th. This is an increase from Almacenes Éxito’s previous — dividend of $0.01. Almacenes Éxito’s dividend payout ratio is currently 28.57%.

Institutional Trading of Almacenes Éxito

Several large investors have recently added to or reduced their stakes in the stock. Kathmere Capital Management LLC bought a new position in shares of Almacenes Éxito in the 2nd quarter worth approximately $71,000. HBK Sorce Advisory LLC purchased a new stake in Almacenes Éxito in the second quarter worth $77,000. Finally, Caprock Group LLC bought a new position in Almacenes Éxito in the second 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.