Insider Buying: Dexterra Group Inc. (TSE:DXT) Senior Officer Acquires 20,000 Shares of Stock

Dexterra Group Inc. (TSE:DXT) Senior Officer Mark Alan Becker purchased 20,000 shares of the stock in a transaction on Tuesday, May 21st. The stock was acquired at an average cost of C$5.48 per share, for a total transaction of C$109,500.00.

Dexterra Group Price Performance

Shares of DXT traded down C$0.02 during trading hours on Wednesday, hitting C$5.38. The stock had a trading volume of 57,592 shares, compared to its average volume of 38,008. The company’s fifty day moving average is C$5.71 and its two-hundred day moving average is C$5.75. The company has a debt-to-equity ratio of 40.87, a current ratio of 1.33 and a quick ratio of 1.28. Dexterra Group Inc. has a 52 week low of C$5.25 and a 52 week high of C$6.35. The stock has a market capitalization of C$345.13 million, a price-to-earnings ratio of 13.12, a P/E/G ratio of 0.90 and a beta of 0.99.

Dexterra Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Friday, June 28th will be issued a $0.087 dividend. This represents a $0.35 annualized dividend and a dividend yield of 6.47%. The ex-dividend date is Friday, June 28th. Dexterra Group’s payout ratio is 85.37%.

Analyst Ratings Changes

Several equities research analysts have issued reports on DXT shares. ATB Capital lowered their price target on shares of Dexterra Group from C$9.00 to C$8.25 in a report on Monday, March 11th. Raymond James raised shares of Dexterra Group from a “market perform” rating to an “outperform” rating and boosted their price target for the company from C$7.00 to C$8.00 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 price target for the company from C$7.50 to C$6.00 in a report on Friday, March 8th. Finally, Scotiabank lowered their price target on shares of Dexterra Group from C$7.00 to C$6.50 and set a “sector perform” rating on the stock in a report on Friday, May 17th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of C$7.65.

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.