Dexterra Group (TSE:DXT) Shares Pass Above 200-Day Moving Average – Time to Sell?

Shares of Dexterra Group Inc. (TSE:DXT) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$7.69 and traded as high as C$8.71. Dexterra Group shares last traded at C$8.65, with a volume of 8,052 shares.

Analyst Ratings Changes

A number of research firms have recently issued reports on DXT. National Bankshares raised their price target on Dexterra Group from C$11.00 to C$11.50 and gave the stock an “outperform” rating in a research note on Wednesday, February 26th. Raymond James raised their price target on Dexterra Group from C$8.50 to C$11.00 and gave the stock an “outperform” rating in a research note on Thursday, January 30th.

Dexterra Group Trading Down 0.1%

The stock has a fifty day moving average of C$7.98 and a 200 day moving average of C$7.69. The company has a market capitalization of C$550.48 million, a P/E ratio of 44.04, a PEG ratio of 0.90 and a beta of 1.02. The company has a debt-to-equity ratio of 42.46, a quick ratio of 1.28 and a current ratio of 1.46.

Dexterra Group Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 15th were issued a dividend of $0.0875 per share. The ex-dividend date of this dividend was Monday, March 31st. This is a boost from Dexterra Group’s previous quarterly dividend of $0.09. This represents a $0.35 dividend on an annualized basis and a yield of 4.05%. Dexterra Group’s dividend payout ratio (DPR) is currently 178.18%.

Insider Buying and Selling at Dexterra Group

In other Dexterra Group news, Senior Officer Jeffrey Litchfield sold 18,692 shares of the firm’s stock in a transaction dated Thursday, May 8th. The stock was sold at an average price of C$8.59, for a total transaction of C$160,564.28. Insiders own 51.55% of the company’s stock.

Dexterra Group Company Profile

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.