Dexterra Group (TSE:DXT) Stock Crosses Above 200 Day Moving Average of $5.73

Shares of Dexterra Group Inc. (TSE:DXT) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$5.73 and traded as high as C$5.96. Dexterra Group shares last traded at C$5.85, with a volume of 19,689 shares.

Analysts Set New Price Targets

DXT has been the subject of several recent research reports. ATB Capital cut their price target on Dexterra Group from C$9.00 to C$8.25 in a report on Monday, March 11th. Raymond James raised Dexterra Group from a “market perform” rating to an “outperform” rating and boosted their price target for the company from C$7.00 to C$8.00 in a report on Monday, March 11th. Finally, TD Securities lowered Dexterra Group from a “buy” rating to a “hold” rating and cut their price target for the company from C$7.50 to C$6.00 in a report on Friday, March 8th. 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.com, Dexterra Group has an average rating of “Moderate Buy” and a consensus target price of C$7.75.

Dexterra Group Stock Performance

The company has a debt-to-equity ratio of 40.87, a current ratio of 1.33 and a quick ratio of 1.28. The business has a 50-day simple moving average of C$5.77 and a 200-day simple moving average of C$5.73. The firm has a market capitalization of C$375.45 million, a PE ratio of 14.27, a P/E/G ratio of 0.90 and a beta of 1.07.

Dexterra Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Friday, March 29th were given a dividend of $0.087 per share. The ex-dividend date was Wednesday, March 27th. This represents a $0.35 dividend on an annualized basis and a yield of 5.95%. Dexterra Group’s dividend payout ratio (DPR) is presently 85.37%.

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.