Dexterra Group (TSE:DXT) Stock Crosses Above Two Hundred Day Moving Average – What’s Next?

Dexterra Group Inc. (TSE:DXT)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$8.74 and traded as high as C$9.58. Dexterra Group shares last traded at C$9.39, with a volume of 7,837 shares changing hands.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. Scotiabank set a C$11.50 target price on shares of Dexterra Group and gave the company a “hold” rating in a research note on Tuesday. ATB Capital raised their target price on shares of Dexterra Group from C$10.75 to C$11.75 and gave the company an “outperform” rating in a research note on Thursday, August 7th. Finally, National Bankshares raised their target price on shares of Dexterra Group from C$13.00 to C$14.00 and gave the company an “outperform” rating in a research note on Thursday, August 7th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of C$12.06.

Dexterra Group Stock Performance

The firm’s fifty day simple moving average is C$9.69 and its 200 day simple moving average is C$8.74. The company has a market capitalization of C$583.89 million, a price-to-earnings ratio of 16.77, a PEG ratio of 0.90 and a beta of 0.27. The company has a debt-to-equity ratio of 42.46, a current ratio of 1.46 and a quick ratio of 1.28.

About Dexterra Group

Dexterra Group is a publicly listed corporation delivering a range of support services for the creation, management, and operation of infrastructure across Canada. Powered by people, we bring best-in-class regional expertise to every challenge and deliver innovative solutions, giving clients confidence in their day-to-day operations.