Dexterra Group (TSE:DXT) Shares Pass Above 200-Day Moving Average – Time to Sell?

Dexterra Group Inc. (TSE:DXT) shares passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$7.69 and traded as high as C$8.71. Dexterra Group shares last traded at C$8.65, with a volume of 8,052 shares traded.

Analyst Ratings Changes

DXT has been the subject of several recent research reports. National Bankshares lifted their price target on Dexterra Group from C$11.00 to C$11.50 and gave the stock an “outperform” rating in a research report on Wednesday, February 26th. Raymond James lifted their price target on Dexterra Group from C$8.50 to C$11.00 and gave the stock an “outperform” rating in a research report on Thursday, January 30th.

Dexterra Group Trading Down 0.1%

The company has a 50-day moving average of C$7.98 and a 200 day moving average of C$7.69. The company has a market cap of C$550.48 million, a PE ratio of 44.04, a price-to-earnings-growth ratio of 0.90 and a beta of 1.02. The company has a debt-to-equity ratio of 42.46, a current ratio of 1.46 and a quick ratio of 1.28.

Dexterra Group Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 15th were given a dividend of $0.0875 per share. This represents a $0.35 annualized dividend and a dividend yield of 4.05%. The ex-dividend date of this dividend was Monday, March 31st. This is a positive change from Dexterra Group’s previous quarterly dividend of $0.09. Dexterra Group’s payout ratio is 178.18%.

Insider Buying and Selling at Dexterra Group

In other Dexterra Group news, Senior Officer Jeffrey Litchfield sold 18,692 shares of the business’s stock in a transaction that occurred on Thursday, May 8th. The stock was sold at an average price of C$8.59, for a total transaction of C$160,564.28. Company insiders own 51.55% of the company’s stock.

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.