Dexterra Group (TSE:DXT) Shares Pass Above Two Hundred Day Moving Average – Here’s What Happened

Dexterra Group Inc. (TSE:DXT)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$7.16 and traded as high as C$7.52. Dexterra Group shares last traded at C$7.35, with a volume of 17,461 shares traded.

Analysts Set New Price Targets

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

Dexterra Group Price Performance

The company’s 50 day moving average price is C$7.89 and its 200-day moving average price is C$7.16. The company has a market capitalization of C$467.75 million, a PE ratio of 37.42, a PEG ratio of 0.90 and a beta of 1.02. The company has a current ratio of 1.46, a quick ratio of 1.28 and a debt-to-equity ratio of 42.46.

Insider Activity

In other Dexterra Group news, Director Mary Garden purchased 3,700 shares of the firm’s stock in a transaction that occurred on Tuesday, January 7th. The stock was purchased at an average cost of C$7.83 per share, with a total value of C$28,971.00. Corporate 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.