Dexterra Group (TSE:DXT) Stock Price Crosses Above 200 Day Moving Average – Here’s Why

Dexterra Group Inc. (TSE:DXT)’s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$9.82 and traded as high as C$12.15. Dexterra Group shares last traded at C$11.98, with a volume of 19,426 shares traded.

Wall Street Analyst Weigh In

Several equities analysts have commented on DXT shares. 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, September 9th. National Bankshares upped their target price on Dexterra Group from C$14.00 to C$15.00 and gave the company an “outperform” rating in a report on Monday, October 6th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Dexterra Group currently has a consensus rating of “Moderate Buy” and a consensus target price of C$12.31.

Dexterra Group Trading Up 0.3%

The company’s 50 day moving average price is C$10.68 and its 200 day moving average price is C$9.82. The company has a debt-to-equity ratio of 42.46, a quick ratio of 1.28 and a current ratio of 1.46. The company has a market cap of C$745.62 million, a price-to-earnings ratio of 18.72, a price-to-earnings-growth ratio of 0.90 and a beta of 0.33.

Dexterra Group (TSE:DXT) last announced its quarterly earnings results on Tuesday, November 4th. The company reported C$0.21 earnings per share for the quarter. Dexterra Group had a return on equity of 4.53% and a net margin of 1.24%. Research analysts anticipate that Dexterra Group Inc. will post 0.7094298 EPS for the current year.

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.