Almacenes Éxito (NYSE:EXTO) Hits New 52-Week Low – Time to Sell?

Almacenes Éxito S.A. (NYSE:EXTO)’s stock price reached a new 52-week low 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 Up 1.6 %

The stock has a market capitalization of $624.60 million, a PE 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 business’s 50-day moving average is $4.02 and its two-hundred day moving average is $4.19.

Almacenes Éxito Increases Dividend

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

Institutional Trading of Almacenes Éxito

A number of hedge funds have recently made changes to their positions in the company. Kathmere Capital Management LLC acquired a new position in shares of Almacenes Éxito in the second quarter worth about $71,000. HBK Sorce Advisory LLC acquired a new position in shares of Almacenes Éxito in the 2nd quarter valued at approximately $77,000. Finally, Caprock Group LLC purchased a new position in shares of Almacenes Éxito during the 2nd quarter valued at approximately $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.