NEW YORK (
) is trading at unusually high volume Friday with 12.5 million shares changing hands. It is currently at four times its average daily volume and trading up $1.26 (+8.3%) at $16.42 as of four p.m. ET.
EXCO has a market cap of $3.3 billion and is part of the
industry. Shares are down 18.9% year to date as of the close of trading on Thursday.
EXCO Resources, Inc., an independent oil and natural gas company, engages in the exploration, exploitation, development, and production of onshore North American oil and natural gas properties. The company has a P/E ratio of 5.9, equal to the average energy industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates EXCO as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, weak operating cash flow and disappointing return on equity. You can view the full
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