Hold 3/26/2021Upgraded
Exchange Income Corporation (EIFZF) was upgraded to C from C- on 3/26/2021 due to an increase in the total return index and volatility index.

Hold 2/18/2021Downgrade
Exchange Income Corporation (EIFZF) was downgraded to C- from C on 2/18/2021 due to a substantial decline in the valuation index, growth index and dividend index. Earnings per share declined from $0.3603 to $0.2819, operating cash flow declined 19.41% from $60.82M to $49.01M, and EBIT declined 12.42% from $28.98M to $25.38M.

Hold 8/21/2020Upgraded
Exchange Income Corporation (EIFZF) was upgraded to C from C- on 8/21/2020 due to a major increase in the growth index, total return index and solvency index. Earnings per share increased from -$0.1135 to $0.0505, operating cash flow increased 47.04% from $34.04M to $50.05M, and EBIT increased 44.43% from $8.97M to $12.95M.

Hold 7/6/2020Upgraded
Exchange Income Corporation (EIFZF) was upgraded to C- from D+ on 7/6/2020 due to an increase in the valuation index, total return index and volatility index.

Sell 6/11/2020Downgrade
Exchange Income Corporation (EIFZF) was downgraded to D+ from C- on 6/11/2020 due to a significant decline in the growth index, valuation index and total return index. Earnings per share declined from $0.5219 to -$0.1135, EBIT declined 72.95% from $33.15M to $8.97M, and operating cash flow declined 31.99% from $50.05M to $34.04M.

Hold 5/6/2020Downgrade
Exchange Income Corporation (EIFZF) was downgraded to C- from C on 5/6/2020 due to a decline in the solvency index, total return index and volatility index. The quick ratio declined from 1.23 to 1.19.

Hold 3/11/2016Downgrade
Exchange Income Corporation (EIFZF) was downgraded to C from B- on 3/11/2016 due to a large decline in the volatility index, total return index and valuation index.

Buy 3/4/2016Upgraded
Exchange Income Corporation (EIFZF) was upgraded to B- from C+ on 3/4/2016 due to a large increase in the growth index, dividend index and efficiency index.

Hold 2/24/2016Upgraded
Exchange Income Corporation (EIFZF) was upgraded to C+ from D+ on 2/24/2016 due to a significant increase in the efficiency index and valuation index.

Sell 11/27/2015Upgraded
Exchange Income Corporation (EIFZF) was upgraded to D+ from D on 11/27/2015 due to an increase in the dividend index, total return index and solvency index.

Sell 11/12/2015Downgrade
Exchange Income Corporation (EIFZF) was downgraded to D from D+ on 11/12/2015 due to a decline in the dividend index and volatility index.

Sell 8/28/2015Upgraded
Exchange Income Corporation (EIFZF) was upgraded to D+ from D on 8/28/2015 due to an increase in the dividend index and solvency index.

Sell 8/13/2015Downgrade
Exchange Income Corporation (EIFZF) was downgraded to D from D+ on 8/13/2015 due to a decline in the dividend index and solvency index. The quick ratio declined from 1.2 to 0.96.

Sell 5/22/2015Upgraded
Exchange Income Corporation (EIFZF) was upgraded to D+ from D on 5/22/2015 due to an increase in the dividend index, valuation index and total return index.

Sell 2/20/2015Downgrade
Exchange Income Corporation (EIFZF) was downgraded to D from C+ on 2/20/2015 due to a significant decline in the efficiency index, growth index and dividend index. Total capital declined 29.37% from $699.82M to $494.29M.

Hold 12/16/2014Upgraded
Exchange Income Corporation (EIFZF) was upgraded to C+ from C on 12/16/2014 due to an increase in the valuation index and total return index.

Hold 12/1/2014Downgrade
Exchange Income Corporation (EIFZF) was downgraded to C from C+ on 12/1/2014 due to a decline in the valuation index.

Hold 11/14/2014Upgraded
Exchange Income Corporation (EIFZF) was upgraded to C+ from C on 11/14/2014 due to a major increase in the growth index and volatility index. Operating cash flow increased 105.09% from $14.52M to $29.78M, earnings per share increased from $0.1714 to $0.2266, and EBIT increased 2.7% from $13.41M to $13.77M.