Dexterra Group (TSE:DXT) Stock Crosses Above 200 Day Moving Average of $5.73

Dexterra Group Inc. (TSE:DXT) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$5.73 and traded as high as C$5.96. Dexterra Group shares last traded at C$5.85, with a volume of 19,689 shares.

Analysts Set New Price Targets

DXT has been the subject of several research analyst reports. ATB Capital lowered their price objective on shares of Dexterra Group from C$9.00 to C$8.25 in a report on Monday, March 11th. TD Securities lowered shares of Dexterra Group from a “buy” rating to a “hold” rating and lowered their target price for the company from C$7.50 to C$6.00 in a report on Friday, March 8th. Finally, Raymond James upgraded shares of Dexterra Group from a “market perform” rating to an “outperform” rating and lifted their target price for the company from C$7.00 to C$8.00 in a report on Monday, March 11th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of C$7.75.

Dexterra Group Stock Up 0.2 %

The stock has a market capitalization of C$376.09 million, a PE ratio of 14.29, a price-to-earnings-growth ratio of 0.90 and a beta of 1.07. The company has a quick ratio of 1.28, a current ratio of 1.33 and a debt-to-equity ratio of 40.87. The company’s fifty day moving average price is C$5.77 and its 200-day moving average price is C$5.73.

Dexterra Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Friday, March 29th were given a dividend of $0.087 per share. This represents a $0.35 annualized dividend and a dividend yield of 5.94%. The ex-dividend date of this dividend was Wednesday, March 27th. Dexterra Group’s dividend payout ratio (DPR) is currently 85.37%.

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.