Almacenes Éxito (NYSE:EXTO) Shares Gap Down – Here’s What Happened

Almacenes Éxito S.A. (NYSE:EXTO)’s share price gapped down before the market opened on Wednesday . The stock had previously closed at $3.95, but opened at $3.78. Almacenes Éxito shares last traded at $3.78, with a volume of 1,866 shares.

Almacenes Éxito Stock Up 1.8 %

The company’s 50 day moving average price is $4.24 and its 200-day moving average price is $4.34. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.35 and a current ratio of 0.72.

Almacenes Éxito (NYSE:EXTO) last released its quarterly earnings results on Tuesday, August 13th. The company reported ($0.03) earnings per share for the quarter. The business had revenue of $1.29 billion during the quarter.

Almacenes Éxito Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 16th. Shareholders of record on Monday, October 7th were paid a dividend of $0.037 per share. The ex-dividend date was Monday, October 7th. This represents a $0.15 dividend on an annualized basis and a yield of 3.68%.

Institutional Trading of Almacenes Éxito

A number of hedge funds have recently bought and sold shares of EXTO. Caprock Group LLC bought a new position in Almacenes Éxito in the second quarter worth approximately $259,000. O Shaughnessy Asset Management LLC purchased a new stake in Almacenes Éxito in the first quarter worth about $205,000. HBK Sorce Advisory LLC purchased a new stake in Almacenes Éxito in the second quarter worth about $77,000. Kathmere Capital Management LLC purchased a new stake in Almacenes Éxito in the 2nd quarter worth $71,000. Finally, Sanders Morris Harris LLC purchased a new stake in Almacenes Éxito during the 2nd quarter valued at approximately $42,000.

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.