Dexterra Group (TSE:DXT) Stock Price Passes Above 200-Day Moving Average – Time to Sell?

Shares of Dexterra Group Inc. (TSE:DXT) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$12.61 and traded as high as C$13.83. Dexterra Group shares last traded at C$13.74, with a volume of 16,655 shares.

Analysts Set New Price Targets

Several research firms have recently issued reports on DXT. National Bank Financial lifted their price objective on shares of Dexterra Group from C$15.50 to C$16.50 and gave the company an “outperform” rating in a research report on Thursday, March 5th. ATB Cormark Capital Markets upped their target price on shares of Dexterra Group from C$14.25 to C$19.50 and gave the stock an “outperform” rating in a research report on Wednesday, June 24th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of C$15.83.

Dexterra Group Stock Down 0.7%

The business has a 50-day moving average of C$12.93 and a 200 day moving average of C$12.61. The company has a market capitalization of C$857.55 million, a PE ratio of 18.82, a P/E/G ratio of 0.90 and a beta of 0.41. The company has a debt-to-equity ratio of 85.07, a current ratio of 1.42 and a quick ratio of 1.28.

Dexterra Group (TSE:DXT) last released its quarterly earnings results on Wednesday, May 6th. The company reported C$0.19 earnings per share for the quarter. Dexterra Group had a return on equity of 16.00% and a net margin of 4.22%.The business had revenue of C$275.47 million during the quarter. Equities research analysts predict that Dexterra Group Inc. will post 0.7094298 earnings per share for the current year.

About Dexterra Group

Dexterra employs more than 9,000 people, delivering a range of support services for the creation, management, and operation of infrastructure across Canada and the U.S. Powered by people, Dexterra brings best-in-class regional expertise to every challenge and delivers innovative solutions, giving clients confidence in their day-to-day operations. Activities include a comprehensive range of integrated facilities management services, industry-leading workforce accommodation solutions, and other support services for diverse clients in the public and private sectors.