Dexterra Group (TSE:DXT) Hits New 12-Month High – Time to Buy?

Dexterra Group Inc. (TSE:DXT) hit a new 52-week high during mid-day trading on Friday . The company traded as high as C$8.13 and last traded at C$8.12, with a volume of 58432 shares changing hands. The stock had previously closed at C$8.05.

Dexterra Group Stock Up 2.2 %

The stock has a market cap of C$526.72 million, a PE ratio of 17.89, a price-to-earnings-growth ratio of 0.90 and a beta of 1.02. The firm has a fifty day moving average of C$7.47 and a 200 day moving average of C$6.66. The company has a quick ratio of 1.28, a current ratio of 1.52 and a debt-to-equity ratio of 55.43.

Dexterra Group (TSE:DXT) last released its quarterly earnings data on Tuesday, November 5th. The company reported C$0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.20 by C$0.01. Dexterra Group had a net margin of 1.61% and a return on equity of 10.48%. During the same period in the prior year, the firm earned $0.21 earnings per share. On average, equities research analysts anticipate that Dexterra Group Inc. will post 0.7094298 EPS for the current fiscal year.

Dexterra Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were paid a dividend of $0.087 per share. The ex-dividend date was Tuesday, December 31st. This represents a $0.35 annualized dividend and a dividend yield of 4.23%. Dexterra Group’s dividend payout ratio (DPR) is 76.09%.

Insider Transactions at Dexterra Group

In related news, Director Mary Garden purchased 3,700 shares of Dexterra Group stock in a transaction dated Tuesday, January 7th. The stock was bought at an average cost of C$7.83 per share, for a total transaction of C$28,971.00. Also, Senior Officer Mark Alan Becker purchased 7,704 shares of Dexterra Group stock in a transaction dated Tuesday, November 12th. The shares were bought at an average price of C$6.49 per share, with a total value of C$49,998.96. Over the last quarter, insiders acquired 12,404 shares of company stock worth $85,300. Company insiders own 51.55% of the company’s stock.

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.