Dexterra Group Inc. (TSE:DXT - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$5.68 and traded as high as C$6.29. Dexterra Group shares last traded at C$6.29, with a volume of 7,204 shares changing hands.
Analysts Set New Price Targets
Several equities analysts have commented on DXT shares. Raymond James increased their price objective on shares of Dexterra Group from C$8.00 to C$8.50 in a research report on Thursday, August 8th. Scotiabank reduced their price objective on Dexterra Group from C$7.00 to C$6.50 and set a "sector perform" rating on the stock in a research note on Friday, May 17th. Finally, TD Securities upped their price objective on Dexterra Group from C$5.50 to C$6.00 and gave the company a "hold" rating in a research report on Wednesday, August 7th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of C$7.75.
Check Out Our Latest Stock Report on DXT
Dexterra Group Trading Up 0.2 %
The company has a debt-to-equity ratio of 55.43, a current ratio of 1.52 and a quick ratio of 1.28. The firm has a market capitalization of C$402.56 million, a PE ratio of 13.67, a price-to-earnings-growth ratio of 0.90 and a beta of 1.00. The stock's 50-day moving average price is C$5.64 and its 200 day moving average price is C$5.68.
Dexterra Group Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Investors of record on Monday, September 30th will be issued a $0.087 dividend. The ex-dividend date is Monday, September 30th. This represents a $0.35 annualized dividend and a dividend yield of 5.53%. Dexterra Group's payout ratio is currently 76.09%.
Insider Buying and Selling
In other Dexterra Group news, Senior Officer Robert Johnston purchased 9,200 shares of the stock in a transaction dated Wednesday, June 5th. The stock was purchased at an average price of C$5.45 per share, with a total value of C$50,140.00. 51.53% of the stock is owned by insiders.
About Dexterra Group
(
Get Free Report)
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.
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