Dexterra Group (TSE:DXT) Stock Price Crosses Above 200-Day Moving Average – What’s Next?

Dexterra Group Inc. (TSE:DXT) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$6.96 and traded as high as C$8.21. Dexterra Group shares last traded at C$8.16, with a volume of 59,123 shares traded.

Wall Street Analysts Forecast Growth

Separately, Raymond James raised their target price on shares of 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 Stock Performance

The stock’s 50-day moving average is C$7.84 and its 200-day moving average is C$6.96. The stock has a market cap of C$519.30 million, a price-to-earnings ratio of 41.54, 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.

Insider Buying and Selling at Dexterra Group

In related news, Director Mary Garden purchased 3,700 shares of the firm’s stock in a transaction on Tuesday, January 7th. The shares were bought at an average price of C$7.83 per share, for a total transaction of C$28,971.00. 51.55% of the stock is owned by company insiders.

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.