Dexterra Group (TSE:DXT) Sets New 52-Week High – Here’s Why

Dexterra Group Inc. (TSE:DXT) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$13.93 and last traded at C$13.35, with a volume of 32982 shares changing hands. The stock had previously closed at C$13.46.

Wall Street Analyst Weigh In

Separately, National Bankshares lifted their price target on shares of Dexterra Group from C$14.00 to C$15.00 and gave the stock an “outperform” rating in a research report on Monday, October 6th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of C$12.31.

Dexterra Group Stock Down 0.8%

The firm has a market capitalization of C$830.89 million, a P/E ratio of 20.86, a PEG ratio of 0.90 and a beta of 0.41. The firm’s 50-day moving average is C$11.91 and its 200 day moving average is C$10.53. 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 (TSE:DXT) last released its earnings results on Tuesday, November 4th. The company reported C$0.21 earnings per share (EPS) for the quarter. Dexterra Group had a return on equity of 4.53% and a net margin of 1.24%. As a group, equities research analysts predict that Dexterra Group Inc. will post 0.7094298 EPS for the current fiscal year.

Dexterra Group Company Profile

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. Our activities include a comprehensive range of facilities management services, industry-leading workforce accommodation solutions, innovative modular building capabilities and other support services for diverse clients in the public and private sectors.