Dexterra Group (TSE:DXT) Reaches New 1-Year High – What’s Next?

Dexterra Group Inc. (TSE:DXT) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$6.97 and last traded at C$6.95, with a volume of 20427 shares changing hands. The stock had previously closed at C$6.84.

Analyst Ratings Changes

DXT has been the subject of a number of research reports. TD Securities boosted their target price on shares of Dexterra Group from C$5.50 to C$6.00 and gave the stock a “hold” rating in a research note on Wednesday, August 7th. Raymond James lifted their price objective on Dexterra Group from C$8.00 to C$8.50 in a report on Thursday, August 8th.

Dexterra Group Stock Performance

The company has a market cap of C$448 million, a price-to-earnings ratio of 15.15, a PEG ratio of 0.90 and a beta of 1.02. The firm’s 50 day simple moving average is C$6.57 and its 200-day simple moving average is C$6.03. The company has a debt-to-equity ratio of 55.43, a quick ratio of 1.28 and a current ratio of 1.52.

Dexterra Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be paid a dividend of $0.087 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $0.35 annualized dividend and a yield of 4.97%. Dexterra Group’s dividend payout ratio is presently 76.09%.

Insider Buying and Selling at Dexterra Group

In related news, Senior Officer Mark Alan Becker acquired 7,704 shares of the stock in a transaction on Tuesday, November 12th. The shares were bought at an average price of C$6.49 per share, with a total value of C$49,998.96. 51.55% of the stock is owned by insiders.

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.