Dexterra Group (TSE:DXT) Share Price Passes Above 200-Day Moving Average of $5.67

Dexterra Group Inc. (TSE:DXT) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$5.67 and traded as high as C$5.99. Dexterra Group shares last traded at C$5.86, with a volume of 118,687 shares.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on DXT shares. TD Securities lowered their target price on shares of Dexterra Group from C$6.00 to C$5.50 in a research report on Wednesday, July 17th. Scotiabank lowered their target price on shares of Dexterra Group from C$7.00 to C$6.50 and set a “sector perform” rating on the stock in a research report on Friday, May 17th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of C$7.55.

Dexterra Group Trading Up 2.0 %

The company has a quick ratio of 1.28, a current ratio of 1.33 and a debt-to-equity ratio of 40.87. The company has a fifty day moving average of C$5.45 and a two-hundred day moving average of C$5.67. The stock has a market capitalization of C$383.62 million, a price-to-earnings ratio of 14.59, a P/E/G ratio of 0.90 and a beta of 0.99.

Dexterra Group (TSE:DXT) last issued its quarterly earnings results on Tuesday, May 14th. The company reported C$0.07 earnings per share for the quarter, hitting the consensus estimate of C$0.07. Dexterra Group had a return on equity of 9.32% and a net margin of 2.38%. The firm had revenue of C$231.64 million during the quarter, compared to the consensus estimate of C$279.35 million. On average, research analysts expect that Dexterra Group Inc. will post 0.4669388 EPS for the current year.

Dexterra Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, July 15th. Shareholders of record on Friday, June 28th were issued a $0.087 dividend. This represents a $0.35 dividend on an annualized basis and a yield of 5.82%. The ex-dividend date of this dividend was Friday, June 28th. Dexterra Group’s dividend payout ratio (DPR) is currently 85.37%.

Insider Buying and Selling at Dexterra Group

In other news, Senior Officer Robert Johnston purchased 9,200 shares of the business’s stock in a transaction dated Wednesday, June 5th. The stock was acquired at an average price of C$5.45 per share, with a total value of C$50,140.00. In other news, Senior Officer Robert Johnston purchased 9,200 shares of the business’s stock in a transaction dated Wednesday, June 5th. The stock was acquired at an average price of C$5.45 per share, with a total value of C$50,140.00. Also, Senior Officer Mark Alan Becker purchased 20,000 shares of the business’s stock in a transaction dated Tuesday, May 21st. The shares were purchased at an average cost of C$5.48 per share, with a total value of C$109,500.00. Over the last quarter, insiders acquired 37,737 shares of company stock valued at $205,740. 51.31% of the stock is owned by company insiders.

About Dexterra Group

Dexterra Group Inc engages in the provision of support services for the creation, management, and operation of infrastructure in Canada. It operates through three segments: Integrated Facilities Management (IFM); Modular Solutions; and Workforce Accommodations, Forestry and Energy Services (WAFES). The IFM segment delivers operation and maintenance solutions for built assets and infrastructure in the public and private sectors, including aviation, defense, education, rail, healthcare, and leisure.