Dexterra Group (TSE:DXT) Stock Price Crosses Above 200 Day Moving Average – Should You Sell?

Dexterra Group Inc. (TSE:DXT)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$7.23 and traded as high as C$7.77. Dexterra Group shares last traded at C$7.76, with a volume of 27,338 shares trading hands.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on DXT. National Bankshares upped their price target on shares of Dexterra Group from C$11.00 to C$11.50 and gave the company an “outperform” rating in a research note on Wednesday, February 26th. Raymond James upped their price target on shares of Dexterra Group from C$8.50 to C$11.00 and gave the stock an “outperform” rating in a report on Thursday, January 30th.

Dexterra Group Stock Up 3.7 %

The firm has a market capitalization of C$493.84 million, a P/E ratio of 39.51, a PEG ratio of 0.90 and a beta of 1.02. The company has a debt-to-equity ratio of 42.46, a quick ratio of 1.28 and a current ratio of 1.46. The business’s fifty day moving average price is C$7.82 and its two-hundred day moving average price is C$7.23.

Dexterra Group Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Tuesday, April 15th will be paid a $0.0875 dividend. The ex-dividend date of this dividend is Monday, March 31st. This is a boost from Dexterra Group’s previous quarterly dividend of $0.09. This represents a $0.35 dividend on an annualized basis and a yield of 4.51%. Dexterra Group’s dividend payout ratio (DPR) is 178.18%.

Insider Buying and Selling at Dexterra Group

In related news, Director Mary Garden acquired 3,700 shares of the firm’s stock in a transaction dated Tuesday, January 7th. The stock was acquired at an average price of C$7.83 per share, with a total value of C$28,971.00. 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.